Wednesday, January 17, 2007

Home Builders Confidence Improving

Buoyed by improved buyer demand, the confidence level of the nation's home builders continued its slow but steady climb in January, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). The seasonally adjusted HMI stands at 35 this month, up two points from December and at its highest level since July 2006.

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