Posted on May 19, 2009 | Tagged in: NAHB , economy
Newfound hope is now in sight for the Houston housing market, helping it get back on track after its economic slump.
The National Association of Home Builders has recently issued an index reporting an increase in the confidence levels measured among U.S. homebuilders, which rose from 12 points in April to 14 in May. The numbers have been increasing slowly and steadily since February, and have reached their highest in the past eight months, marking a shift in a positive direction.