May
16

Confidence Among Homebuilders in U.S. Held Steady in May

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Confidence among U.S. homebuilders held steady in May, signaling limited progress in residential real estate during the busy spring selling season, National Association of Home Builders/Wells Fargo data showed Monday.

Key Points

  • Builder sentiment gauge unchanged at 58, where it’s been for four straight months. Readings greater than 50 indicate more respondents reported good market conditions
  • Median forecast in a Bloomberg survey of economists projected 59…

Confidence Among Homebuilders in U.S. Held Steady in May

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