Home Builders Survey Sends Gloomy Message Once Again |
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Home Builders Survey Sends Gloomy Message Once Again The Housing Market Index (HMI) of the National Association of Home Builders held steady at 16 in August, matching the record low set in July. On a regional basis, the HMI fell in the West (11 vs. 14 in July), was unchanged in the South, and rose slightly in the Midwest (14 vs. 10 in July) and Northeast (16 vs. 14 in July). The Current Sales Index moved up to 16 from a record low reading of 15 in July. The six months ahead sales index rose
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