Home builder confidence index approaches 2005 levels

Source: National Association of Home Builders, Washington, D.C.

Builder confidence in the market for new single-family homes rose three points to 59 on the NAHB/Wells Fargo Housing Market Index (HMI) for August, marking a fourth consecutive monthly gain and bringing the index to its highest level in nearly eight years.

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NAHB Improving Markets Index expands to 30 metropolitan areas

Source: Rock Products staff

The number of improving housing markets continued to expand for a third consecutive month in November, rising from 23 to 30 on the latest National Association of Home Builders/First American Improving Markets Index. The list dropped two metropolitan areas and added nine new ones—Fort Collins, Colo.; Hinesville, Ga.; Davenport, Iowa; Monroe, La.; Lima, Ohio; Williamsport, Pa.; Corpus Christi and Tyler, Texas; and, Cheyenne, Wyo.

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