National homebuilders report that conditions in the new single-family housing market are getting better, but confidence levels are still far below what was seen even during the recession of 2001.

In March, for the second consecutive month, the National Association of Homebuilders (NAHB) reported a Housing Market Index (HMI) reading of 28 – a doubling of the reading from just 6 months ago and the highest HMI value since June 2007. Continue reading →