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Macroeconomics  |  June 18, 2012 17:25:00

U.S. homebuilders' confidence is improved slightly in June

Trust American family home builders in June improved and climbed to its highest level since May 2007. Real estate index survey by Nationwide Association of Realtors (NAHB) and Wells Fargo in June increased by 1 point to 29 points and followed a revised increase of 4 points in May. Market projections were waiting to drop to 28 points from 29 points pre-placed in May. In the same period last year, the HMI by 16 points. The neutral level of 50 separates growth from decline. According to the NAHB reflects a gradual improvement in the housing market, buyers are increasingly trying to usefavorable financing conditions and housing prices.

The survey reflects the current and future market conditions and customer demand. Index of the current situation reinforced by 2 to 32 points, the highest level since April 2007. Expectations index and consumer interest remained unchanged at 34 points respectively. to 23 points. Index of consumer interest remained at the highest level since April 2007. Regionally recorded homebuilders improve sentiment in the American Midwest and West.

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