Builder confidence rises one point in June. Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). This is the highest level the index has attained since May 2007. “This month’s modest uptick in builder confidence comes on the heels of a four-point gain in May and is reflective of
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