Tuesday, February 5, 2019
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Crazy Opportunity in Reverse Space
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The National Association of Home Builders (NAHB)/Wells Fargo Housing Market
Index (HMI) held steady in March, after partially recovering from substantial
loses at the end of 2018. The Index, a
measure of new-home builders' confidence in the market for newly constructed
homes was unchanged at 62 on a 100-point scale. The index finished 2018 at 56,
a more than three-year low, after dropping an aggregate of 12 points in
November and December. NAHB says affordability still remains a key concern for builders.