SEARCH
« JPMorgan Shareholders Approve Pay Packages After $2B Trading Loss | Main | 37-Cent Gasoline? It Almost Happened in Wisconsin »
Tuesday
May152012

Housing: Builder Sentiment Improves, but Still Fairly Low

Brand X Pictures/Thinkstock(WASHINGTON) -- A new report from the National Association of Home Builders is the latest sign the worst of the housing slump may be over.

Builder confidence is at a five-year high; the best it’s been since May 2007, according to a report out Tuesday. Permit requests for new homes and apartments are also up.

The numbers, however, are still significantly lower than where they were during the 2004 housing boom

Copyright 2012 ABC News Radio







ABC News Radio