The NAHB index of builder confidence rose to 17, the highest number since September of last year. Readings below 50 mean that conditions are unfavorable. Buyer interest has been increasing due to the lower home pricing, low interest mortgages, and tax credits. Economists are forecasting an economic recovery during the second half of the year, although the article does not say if this means a leveling out or an actual growth trend. Reuters.com
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