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St. Louis Real Estate Search

 

Home Builders’ Market View Best In Over Six Years

Home Builders' Market ViewHome builders’ market view is more optimistic today than it has been in over 6 years, according to the NAHB/Wells Fargo Housing Market Index (HMI).  The index, which compares how many home builders have an optimistic outlook on the market with those with a negative outlook to arrive at an index number.  An index about 50 indicates more builders are optimistic about the market than negative on the market.

The chart below shows the history of the index. 

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Home Builders' Market View

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