The National Association of Home Builders (NAHB) / Wells Fargo Housing Market Index (HMI) rose in July. Home builder confidence in the market for newly constructed single-family homes rose six points to a reading of 57. NAHB reports that this was the third consecutive rise in the HMI and its highest reading since January 2006.
http://mybbmcblog.com/dustinlentz/home-builder-confidence-rises-to-highest-level-since-january-2006/
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