The National Association of Home Builders (NAHB) reported the housing market index (HMI) was at 68 in August, up from 64 in July. Any number above 50 indicates that more builders view sales conditions as good than poor.
The post Homebuilder Confidence Rises To 68 in August As Rental Vacancies Remain Near Mid-1980s Lows was originally published at The Wall Street Examiner. Follow the money!