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Builder Confidence Swells to 20-month High

Wednesday, Oct 23 2019
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U.S. homebuilders are at their most upbeat in almost two years, as lower mortgage rates lure in buyers. So reports CNBC.

The National Association of Home Builders/Wells Fargo Housing Market Index showed a builder confidence reading of 71 for the single-family market in October. That’s up from 68 for the previous month (and 68 for October 2018 as well), and marks the highest confidence level since February 2018.

Read the full article from CNBC. 

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