Analysts at Wells Fargo point out that the NAHB/Wells Fargo Housing Market Index held steady at 62 in March, as builders’ assessment of both present and prospective sales rose. They also noted that expectations for future sales have increased. Key Quotes: “Builder sentiment has rebounded from the lows hit late last year, as builders are balancing optimism with pragmatism. Homebuilders are optimistic headed into the spring selling season but are also being pragmatic in recognizing the housing market still faces a significant affordability issue.” “Builders noted that demand for lower-priced homes remains very strong, but such homes are in short supply and buildable lots remain scarce.” “Expectations for single-family sales over the next 6 months rose 3 points to 71 in March and are up 10 points since their December low.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD hits fresh daily high and retreats back under 1.3350 FX Street 4 years Analysts at Wells Fargo point out that the NAHB/Wells Fargo Housing Market Index held steady at 62 in March, as builders' assessment of both present and prospective sales rose. They also noted that expectations for future sales have increased. Key Quotes: "Builder sentiment has rebounded from the lows hit late last year, as builders are balancing optimism with pragmatism. Homebuilders are optimistic headed into the spring selling season but are also being pragmatic in recognizing the housing market still faces a significant affordability issue." "Builders noted that demand for lower-priced homes remains very strong, but such homes are in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
