DCSales Excited About the Increase in the National Association of Home Builders' Index
Throughout the United States, builders have stated that housing is back. The National Association of Home Builders’ index went up to 52 in June of 2013. This is the first time the Home Builder’s index has went above 50 in seven years. When the reading is above 50, this indicated that sales conditions are outstanding, instead of poor. For the last year, this index has been posting gains and those moves indicate that the market is not as bad as builders thought. The index going up during the month of June is astonishing, because June is usually the slow month. DCSales is excited about the increase and is starting to see hope in the real estate market.