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August brings 3-point gain in builder confidence
The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) registered a three-point gain in builder confidence in August. The metric, which indicates builder sentiment toward new single-family homes, rose to an eight-year record of 59.
Two of the HMI's three components were buoyed by this positive momentum. Sentiment toward current sales conditions also went up three points to 62, with sales expectations for the next six months up a point to 68. Sentiment toward the traffic of prospective buyers was unchanged at 45.
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Retail Solutions CEO to present at HIRI summit
The Home Improvement Research Institute's (HIRI) Industry Summit, Oct. 19 to 20 in Chicago, will include a presentation on building better retailer partnerships.
Retail Solutions CEO Jonathan Golovin is a new addition to the slate of presenters at the summit.