Builder confidence in the single-family home construction market rose 4 points to 80 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.
Of the index’s three components, current sales conditions climbed 5 points to 87.
Sales expectations in the next six months increased 3 points to 84 and buyer traffic rose 4 points to 65.
Builder confidence in the single-family home construction market rose 4 points to 80 in October on the National Association of Home Builders/Wells Fargo Housing Market Index.
Of the index’s three components, current sales conditions climbed 5 points to 87.
Sales expectations in the next six months increased 3 points to 84 and buyer traffic rose 4 points to 65.