This year has seen a lot of positives in the housing industry. Consumer and builder confidence continues to increase, and this past month is just more proof.
According to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), builder confidence for new single-family homes increased four points to hit 58. The HMI gauges the overall builder perception of single-family home sales and the expectations of sales for the following six months. The HMI is gauged according to a scale of "good," "fair" or "poor." The rate of prospective buyer traffic is also gauged and rated as "high…