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Builder Confidence Bounce Back in September: 5 Housing Stocks to Watch
CCSCentury munities(CCS) ZACKS·2024-09-18 16:25

Breaking a string of past four months of tepidness, builder sentiment edged two points higher this month sequentially. According to the National Association of Home Builders (NAHB)/Wells Fargo's Housing Market Index (HMI), sentiment among U.S. homebuilders for newly-built single-family homes increased to 41 in September from 39 in August. NAHB/Wells Fargo Housing Market Index 100 2000 90 1800 80 1600 70 1400 60 50 40 800 30 600 20 400 10 200 0 NAHB/Wells Fargo HMI Single-Family Starts (SAAR) Image Source: N ...