New Housing Starts Up Nationally

The Louisville housing market is still not where we’d like it to be but we’ll take any improvement, right? News today comes from this AP story:

The National Association of Home Builders said Monday its housing market index, which tracks industry confidence, rose three points this month to 22, the highest reading since August 2007.

Readings below 50 indicate negative sentiment about the market. The last time the index was above 50 was in April 2006.

Positive real estate news no matter how you slice it.