Residential

Homebuilder confidence jumps to 6-month high in October

After a hurricane-induced dip, confidence among U.S. homebuilders increased more than expected in October.

A monthly sentiment index from the National Association of Home Builders rose 4 points to 68, the highest level since May of this year. A reading above 50 is considered positive sentiment. The index stood at 63 in October 2016.

Read Article at CNBC.com

Leave a Reply