U.S. Home-Builder Confidence Climbs in September

WSJ.com – U.S. Home-Builder Confidence Climbs in September. │ September 16, 2015

A gauge of home-builder sentiment this month rose to its highest level since November 2005, a sign the U.S. housing market is shaking off worries about the global economy and volatile financial markets.

An index of builder confidence in the market for new single-family homes rose to a seasonally adjusted level of 62 in September, the National Association of Home Builders said Wednesday. A reading over 50 means most builders generally see conditions as positive.

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