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Home > Homebuilder Confidence In April Jumps Most Since July

Homebuilder Confidence In April Jumps Most Since July

By Tyler Durden
Created 04/15/2015 - 09:08
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 04/15/2015 09:08 -0500



 

It appears the homebuilders have got over the weather issues as NAHB optimism surged to 56 - beating expectations of 55. However this surge merely brings NAHB confidence back to its average stagnant levels of the last 2 years. Only Midswest saw confidence drop as homebuilders hope soared with future buyers at the highest since Dec 2014. Let's just hope sales follow through or the weather excuse is going to get old...

 

Biggest jump since July but stagnant now for 2 years

[3]

 

Charts: Bloomberg

 

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Source URL: http://www.zerohedge.com/news/2015-04-15/homebuilder-confidence-april-jumps-most-july

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