Homebuilders Index Falls to lowest level since 1991
"Reflecting increasing builder concerns about conditions in the market for new single-family homes, the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) declined for an eighth consecutive month to a level of 30 in September. This amounted to a three-point drop from an upwardly revised 33 reading in August, and is the lowest level the index has reached since February of 1991."
Builder Confidence Slips Further in September
September 18, 2006
HMI Chart and Components
Data Source 9/18/2006
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I'll speak to my breteren about raising teepee production asap.
Posted by: Chief Tomahawk | Sep 18, 2006 4:06:46 PM
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