A measure of home-builder sentiment rose this month, offering another possible sign that the housing market is beginning to stabilize.
The National Association of Home Builders/Wells Fargo Housing Market Index, which is based on a survey of home builders' perceptions about the housing market, rose to 14 in April from 9 in March following months of dismal readings. Partly driving the unexpectedly large rise this month was the builders' brightening outlook for sales over the next six months.
Wall Street Journal
No comments yet