USA : The morale of homebuilders is stable

U.S. manufacturers have the moral hesitation. * The index NAHB / Wells Fargo confidence building professionals and real estate promotion in the United States, released Tuesday night, remained stable in November - to 17. The indicator, which had returned to 4 points in the space of three months, had yielded 1 point in October.

"When we conducted the last survey, earlier this month, the home builders had in mind the impending expiry of the tax credit of $ 8 000 granted to first-time buyers," says Joe Robson, chairman of the NAHB. Now that Congress has voted to renew the measure until the end of the first half of 2010 and has expanded its scope to the secondary-attainment, "we hope he will continue to drive sales," says leader.

The index NAHB / Wells Fargo has three components: a first sub-index on current conditions of sale, stable over one month to 17 and a second measuring traffic of prospective buyers, also unchanged, at 14 (after revision estimation of October), a third and final reflecting expectations for six months for manufacturers, up 2 points to +28.