Homebuilder Sentiment Stands at Highest Reading Since November 2005

Washington, DC, July 17, 2015—Home builder sentiment stood at 60 in July, the highest level since November 2005, according to the National Association of Home Builders.

June’s reading of 59 was upwardly revised to 60.

A reading of over 50 indicates that more builders view market conditions as favorable. Sentiment has not been below 50 since July 2014.