Builder Confidence Jumps In September
HMI lands at highest level in almost a year.
By Hanley Wood Data Studio
The home builder association’s index of builder confidence moved up by six percentage points in September to a reading of 65, the highest it has been since last October, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released Monday. The August reading was downwardly revised to a reading of 59.