Marketplace Index for Monday, December 19, 2011
The National Association of Homebuilders/Wells Fargo index measured the confidence of the new housing front-liners at 21 for December, up two points from the previous month, but far from the 50 it takes to flip over to optimistic. So, the builders are still bummed, but it's the third month in a row their pessimism has been less. Also, the Daily Pulse is up as crime numbers are down, according to the FBI.
The National Association of Homebuilders/Wells Fargo index measured the confidence of the new housing front-liners at 21 for December, up two points from the previous month, but far from the 50 it takes to flip over to optimistic. So, the builders are still bummed, but it’s the third month in a row their pessimism has been less. Also, the Daily Pulse is up as crime numbers are down, according to the FBI.