U.S. Homebuilder Confidence Unexpectedly Improves In January

Homebuilder confidence in the U.S. has unexpectedly improved in the month of January, according to a report released by the National Association of Home Builders on Wednesday.

Source: www.rttnews.com

U.S. Homebuilder confidence unexpectedly improved in January, as per a report released by the National Association of Home Builders. The NAHB/Wells Fargo Housing Market Index rose to 58 in January from 56 in December bearing consensus estimates. Economists had anticipated the index to remain unchanged.