Homebuilder Confidence Rises in South
Press release from the issuing company
Wednesday, September 22nd, 2010
Confidence among the nation's homebuilders was unchanged from August to September, but those in the South were more optimistic about a recovery.
The National Association of Home Builders' monthly builder confidence index held steady at 13. Any reading below 50 indicates more builders view current conditions as poor.
The South region -- which includes Georgia -- was the only region to post an improvement in builder confidence, rising two points to 14.
