Homebuilder sentiment rises for the fourth-straight month as housing steadies [Video]

Homebuilder sentiment rises for the fourth-straight month as housing steadies [Video]

Confidence among US single-family homebuilders rose in April, the fourth-straight month this measure has increased as declining mortgage rates and low inventory bolster demand for new homes.

The National Association of Home Builders/Wells Fargo’s gauge of builder sentiment rose one

A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

A top real estate economist explains why a housing rebound is coming as rising sales and lack of supply look poised to lift home prices

FREDERIC J. BROWN / Contributor/Getty Images

  • Nadia Evangelou, senior economist for the National Association of Realtors, sees a rebound coming.

  • Easing inflation will bring mortgage rates down, and tight supplies will send prices higher.

  • In her view, the US will