Builder confidence slips in October
With the expiration date for a home buyer incentive approaching, builder confidence in the market for newly built, single-family homes slipped one point to 18 in October, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index.
German investor confidence slipped slightly in May, as improving prospects for companies in the biggest European economy were offset by worries about rising prices, the ZEW institute monthly indicator showed Tuesday.