Builder confidence in the market for single-family homes in May was 40, up one point from the previous month, according to the National Association of Home Builders/Wells Fargo Housing Market Index. The current sales conditions index rose two points to 45, sales expectations in the next six months fell four points to 43 and traffic of prospective buyers increased one point to 25.
House passes budget deal, ending partial shutdown
Under the agreement, the Department of Homeland Security will receive less than two weeks of stopgap funding while lawmakers and the White House continue to negotiate policy changes involving Immigration and Customs Enforcement.
