Builder confidence in the market for new single-family homes remained at its lowest level since March 2009, as the National Association of Home Builders’ monthly housing market index held steady at 13 in September, the NAHB said Monday.

Thomson Reuters’ poll of economists predicted a level of 14 for the gauge of builder sentiment, which has averaged 44 since January 2001.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.