Replies to post #10789 on The Rising Influence of Rising Affluence

[DewDiligence]

(PCL)—US homebuilders most optimistic in 10 years:

http://www.wsj.com/articles/u-s-home-builder-optimism-hits-10-year-high-1445263381

A gauge of homebuilder sentiment rose to a 10-year high in October, a sign of momentum for a key sector of the economy.

The National Association of Home Builders housing market index climbed to 64 this month, the trade group said on Monday. A reading over 50 means most builders generally see conditions in the single-family housing market as positive.

…Alongside rising employment, low mortgage rates have helped fuel demand.