Housing Market Index (HMI) rose one point from February to 38 this month, marking the 23rd consecutive negative reading.
Housing starts fell year-over-year in November and December, suggesting that buyers are reacting to a weak U.S. market.
Builder confidence inched higher to end the year but remained in negative territory for a 20th consecutive month. The National Association of Home Builders (NAHB) Housing Market Index (HMI) edged up ...