NAHB/Wells Fargo Home Builder Sentiment: September 2015

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Includes: ITB, IYR, PKB, XHB
by: Sold At The Top

Today, the National Association of Home Builders (NAHB) released their latest Housing Market Index (HMI) showing that overall assessments of housing activity generally improved in September with the composite HMI index climbing to 62, while the "buyer traffic" index rose to a level of 47 from 45 in the prior month.

Overall, conditions for new home construction appear to have remained stable recently but still remain below the peak assessments seen prior to the Great Recession.