Homebuilder confidence in the U.S. improved for the eighth straight month in December, according to a report released by the National Association of Home Builders on Tuesday, with the housing market index rising to a new six-year high.
The report showed that the NAHB/Wells Fargo Housing Market Index climbed to 47 in December from a revised 45 in November. Economists had expected the index to edge up to 47 from the 46 originally reported for the previous month………………………………………..Full Article: Source