New home builder confidence level continues to increase. October marks the sixth consecutive month showing an increase in the Housing Market Index (HMI) according to the National Association of Home Builders/Wells Fargo.
See the National Association of Home Builders (NAHB) press release here: Builder Confidence Edges Higher in October
From the release: “Many builders are reporting increases in the number of serious buyers visiting their sales offices, and the overall confidence measure is much higher than it was at this time last year,”
