Open Demo Account
Home / Market Update / US Homebuilder Confidence Surges to All-Time High

US Homebuilder Confidence Surges to All-Time High

M. Ali 16 September, 2020 6:34 pm Market Update

Homebuilder confidence in the United States increased to a record high in September, data showed on Wednesday.

The NAHB/Wells Fargo Housing Market Index (HMI) went up by five points to a record high of 83 in September.

This comes amid historically low mortgage rates due to the COVID-19 pandemic.

Tags

Check Also

WTI Crude Oil Falls as Hormuz Shipping Recovers and OPEC+ Output Hike Looms

West Texas Intermediate (WTI) crude oil extended its decline on Wednesday, retreating to levels last …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends