Homebuilder Confidence Steady But Low (TABLE 1985-PRESENT)

National Assn of Homebuilders (NAHB) Confidence Index (March 2012)

-Homebuilder Confidence Index value for March was 28.

-February originally reported at 29, but revised to 28.

-March is even after 5 months of gains

-Index highest since May 2007 but still way off from 50+ considered to be healthy market … 50 is dividing line between positive and negative sentiment.

-Last 50+ reading was April 2006

Full report

-Here’s a table showing builder confidence from 1985-PRESENT

-And here’s NAHB Confidence vs. New Home Sales 1985-PRESENT by @scottybarber