Jinxin Real Estate News: U.S. Builder Confidence Index reaches 7-year high

Jinxin Real Estate News: U.S. Builder Confidence Index reaches 7-year high. U.S. Home Builder Confidence Index reached 7-year high from December last year, and now...

U.S. Home Builder Confidence Index reached 7-year high from December last year and remains unchanged, but in the next six months, they are still cautious about sales performance. National Housing Association builder Wells Fargo said its builder sentiment index remained stable at 47, the highest level since April 2006. An index equal to 50 indicates a neutral stance on the market, less than 50 is negative, and above 50 is positive. The last time the index was at this level was in April 2006, when it was 51. It reached a low of 17 in October 2011 and has since moved higher. By measuring leads in December, numbers should be up. For more information about real estate, please contact Tinna of Goldtrust Realty (480) 287-0180 E-mail: Goldtrustrealty2010@gmail.com