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Home Builder Confidence Up for June

Home builder confidence increased in June, hitting its highest point since September, according to survey data from the National Association of Home Builders (NAHB).

“Builders are reporting more serious and committed buyers at their job sites and this is reflected in recent government data showing that new-home sales and single-family construction are gaining momentum,” says NAHB chairman Tom Woods, a home builder from Blue Springs, Missouri.

The month’s score on the NAHB’s seasonally adjusted index, which is based on monthly surveys of builders, was 59 for June. Any number over 50 indicates that more builders view conditions as good than poor, according to the association.

To read more about the June survey, click here.

About Kate Klein

Kate is profiles editor for Hardware Retailing magazine. She reports on news and industry events and writes about retailers' unique contributions to the independent home improvement sector. She graduated from Cedarville University in her home state of Ohio, where she earned a bachelor's degree in English and minored in creative writing. She loves being an aunt, teaching writing to kids, running, reading, farm living and, as Walt Whitman says, traveling the open road, “healthy, free, the world before me.”

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