Contact: data@mbaks.com
The HMI was 45 nationally, while in the West the HMI was 41. While this is still below 50 and indicates pessimism about the housing market, the sentiment is slowly rising compared to months prior. The HMI is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market.
Read the full May Builders Bulletin:
builders-bulletin-builder-confidence-climbing