Builders’ Optimism Rises for 5th Month

The National Association of Home Builders/Wells Fargo’s index of industry sentiment shows that the outlook on the depressed U.S. housing market is gradually growing more optimistic. The index climbed for the fifth consecutive month in February to 29, an increase from 25 the month before. The reading is up 15 points since September and is now at its highest point since May 2007. | Read More