Dive summary:

• Information from the Conference Board out Tuesday says its monthly index of consumer confidence fell in June from its five-year high in June, though it's still the second best it's been in 5½ years, and economists were proven to be more optimistic than the populace.
• Nonetheless, people said they think things are up right now and that they plan to buy, including homes, even though other surveys – the Case-Shiller 20-city price index from May, for one – show prices rising, supply shrinking and interest rates rising.
• Builders are feeling upbeat, the National Association of Home Builders reported two weeks ago, so the conclusion appears to be that conditions are getting better in construction – unless, of course, they're not. It's an interesting recovery, for sure.

From the article:

Estimates for U.S. consumer confidence ranged from 77 to 85.5 in the Bloomberg survey of 75 economists. The measure averaged 53.7 during the recession that ended in June 2009.  ...