Builder Confidence Remains Steady in February

Builder confidence in the market for newly built, single-family homes was virtually unchanged in February with a one-point decline to 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Following solid gains over the past year, builder confidence has essentially leveled out and held in the same three-point range over the last four months," said NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.Click to continue