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IPFS News Link • Housing

U.S. Homebuilder Confidence Drops to Record Low of 8 on a Scale of 100

1-21-09 • Bloomberg.com

The National Association of Home Builders/Wells Fargo index of builder confidence dropped to 8, lower than forecast, from 9 in December, the Washington-based association said today. A reading below 50 means most respondents view conditions as poor.

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Reported By Jack Gregson

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U.S. Homebuilder Confidence Drops to Record Low of 8 on a Scale of 100

FreedomsPhoenix.com