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Non-Tech : Banks--- Betting on the recovery
WFC 85.80-0.3%10:41 AM EST

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To: Asymmetric who wrote (919)5/17/2010 2:35:25 PM
From: tejek   of 1428
 
Housing Market Index Rises to 22 in May

5/17/2010 1:03 PM EDT

Builder confidence in the market for newly built, single-family homes rose for a second consecutive month in May to its highest level in more than two years, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. The HMI gained three points to 22 in May, its highest point since August of 2007.

nahb.org
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