Consumer Confidence Jumps in September

The Conference Board Consumer Confidence Index, which had declined in August, improved in September. The Index now stands at 70.3, up from 61.3 in August. The Expectations Index increased to 83.7 from 71.1. The Present Situation Index rose to 50.2 from 46.5 last...

Builder Confidence Rises to Highest Level in Five Years

WASHINGTON — Builder confidence in the market for newly built, single-family homes gained one point in June from a slightly revised level in the previous month to rest at 29 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI),...

Overall Housing Starts Slip in March, But Permits Rise

Privately-owned housing starts in March were at a seasonally adjusted annual rate of 654,000, 5.8 percent below the revised February estimate of 694,000, but is 10.3 percent above the March 2011 rate of 593,000, according to the latest data from the U.S. Census Bureau...