Is the Housing Market Stabilizing?
This article was originally published on ETFTrends.com.
The latest National Association of Home Builders/Wells Fargo Housing Market Index showed that homebuilder sentiment was unchanged at 62, but could be a sign that the housing market is beginning to stabilize. A year ago, the number was 70, but a reading above 50 is considered positive. “Builders report the market is stabilizing following the [...]