On The Money

Home builder confidence ticked up in April

Home builder confidence started to break out of the winter doldrums in April, ticking up a point. 

Sentiment in the market for newly built, single-family homes rose to 47 in April from a downwardly revised reading of 46 in March, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released on Tuesday.

 

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