Consumer Confidence is Stirring Up New-Home Sales

February 5, 2015

The Wall Street Journal property blogger Kris Hudson writes that the nation’s biggest home builders are telling investors that new-home sales picked up during the second half of January.

This increase reflects rising consumer confidence, Hudson says. Taylor Morrison reported a 30 percent increase in its January sales year-over-year. Other builders that reported January sales exceeding their year-ago tallies include PulteGroup, Ryland Group, and Beazer Homes USA.

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