U.S. homebuilder confidence reached the highest level in five years

Note: This section contains information in English only.
Source: Bloomberg
U.S. homebuilder confidence increased more than expected in May and reached the highest level since mid 2007. Index rose to 29, exceeding median estimation by 3 and highest estimation by 2 points. Future expectation index increased by 4, to 34. Geographically index increased in 3 out of 4 regions. The single decrease was registered in western part of the U.S.; index decreased from 31 to 29 there. Results below 50 show that more respondents indicated conditions being poor rather than good.
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Tue, 15 May 2012 15:38:24 GMT

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