Homebuilders
More good news on the homebuilding front. Confidence among U.S. homebuilders fell unexpectedly in June, indicating that a recovery from the housing slump will be slow.
The National Association of Home Builders/Wells Fargo index of builder confidence decreased to 15 this month from 16 in May, the Washington-based NAHB reported today. We can only hope this gets better in the up and coming months.
