US NAHB homebuilder sentiment 58 vs 59 expected

Early release

The release was due at 10 am ET (1400 GMT) but it was published early on the NAHB website. The 58 level matched the March reading.

The release says traffic has improved but current sales are lower.

"Builder confidence has held firm at 58 for three consecutive months, showing that the single-family housing sector continues to recover at a slow but consistent pace," said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. "As we enter the spring home buying season, we should see the market move forward."

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