A measure we watch with great interest that speaks volumes about the outlook for the new home construction market is the Builder Sentiment Index tracked and published by the National Association of Home Builders (NAHB) and Wells Fargo, which is known as the Housing Market Index (HMI).
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Wells Fargo Construction Industry Forecast Reveals Sustained Confidence
The 43rd Wells Fargo Construction Industry Forecast reveals sustained confidence for the industry and expectations that expansion is more likely than contraction.
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