U.S. Homebuilder Sentiment Improved in July on Stronger Sales

September 10, 2019
Ryan Haar - Bloomberg

Sentiment among U.S. homebuilders crept higher in July after falling the previous month, indicating lower mortgage rates are helping shore up demand.

The National Association of Home Builders/Wells Fargo Housing Market Index rose one point to 65 this month, according to a report Tuesday. Economists in a Bloomberg survey projected the gauge would hold at 64.



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