US Homebuilder Sentiment Increases to Almost One-Year High
June 19, 2023 | Vince Golle | Bloomberg
US homebuilder sentiment advanced in June to an 11-month high as a limited supply of existing homes continued to spark interest in new construction.
The National Association of Home Builders/Wells Fargo gauge rose five points to 55, figures showed Monday. The index, which has increased for six consecutive months, exceeded all estimates in a Bloomberg survey of economists.