Homebuilders are feeling record levels of optimism, according to a new report. The National Association of Home Builders Housing Market Index reached 85 in October, seasonally adjusted, the highest reading in the monthly metric’s 35-year history. After experiencing a sharp decline in the spring, the NAHB index has been steadily rising — and even breaking records — ever since: In September, the NAHB index hit the prior record high with a reading of 83. Before
source https://therealdeal.com/2020/10/19/building-up-homebuilder-confidence-hits-new-highs/
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