Homebuilder Confidence Hits 12-Year Highs, Matching Pre-Crisis Bubble Levels

NYSE:XHB March 15, 2017 11:19am

From Jill Mislinski: The National Association of Home Builders (NAHB) Housing Market Index (HMI) is a gauge of builder opinion on the relative level of current and future single-family home sales. It is a diffusion index, which means that a reading above 50 indicates a favorable outlook on home sales; below 50 indicates a negative outlook.

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