US Home Builders Increasingly Optimistic
US Home Builders Increasingly Optimistic by Topdown Charts
The US NAHB index (measure of home builders confidence) jumped to almost a 12 month high in September as home builders become increasingly optimistic on the US housing market. But is this optimism justified? And what are the implications?
- NAHB index vs house prices
The chart shows home builders are the most optimistic they've been on the outlook . . .
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