Monday, May 15, 2006

National Builders Assocation - "Builder Confidence Declines In May" (5-15-06)

"Rising mortgage rates, deepening affordability issues and the retreat of investors/speculators from the marketplace are prompting single-family home builders to further adjust their perspectives on the new-home market, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) for May."

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