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Wednesday, November 20, 2019
HomeNewsEconomyHMI: Builder Confidence Hits Highest Level Since February 2018

HMI: Builder Confidence Hits Highest Level Since February 2018

Real Estate Market Going Up Concept Illustration. (Photo: AdobeStock)

The NAHB/Wells Fargo Housing Market Index (HMI) rose 3 points to 71 in October, the highest level for builder confidence since February 2018. Forecasts ranged from a low of 66 to a high of 69, with the consensus 68.

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