According to the National Association of Home Builders/Wells Fargo Housing Market Index, builder confidence has increased significantly this month, jumping to 53, the largest number seen since January. Conditions seem to be good for home sales this month causing builder confidence to grow. The NAHB Chairman, Kevin Kelly said “an improving job market goes hand-in-hand with a rise in builder confidence. As employment increases and those with jobs feel more secure about their own economic situation, they are more likely to feel comfortable about buying a home.” More here
