Home builder sentiment rises again in April

Photo by: WDAY Radio Staff
Photo by: WDAY Radio Staff

(Washington, DC) -- Confidence among builders is growing.

The home builder sentiment report is on the rise for the fourth straight month.

The National Association of Home Builders/Wells Fargo Housing Market Index ticked up a point to 45 in April. However, anything below 50 is considered to be negative.

The reading is the highest since September as the supply of existing homes remains low.