The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) reached a level of 60 in July, the highest reading since November 2005. Two of the three index components posted gains for the month. Current sales conditions rose 1 point to 66, expectations for sales in the next six months rose 2 points to

The National Association of Home Builders/Wells Fargo Housing Market Index (HMI) rose 5 points to a level of 59 in June, the highest reading since September.