U.S. Homebuilder Confidence at 6-Year High

November 19, 2012 at 06:15PM

LOS ANGELES (AP) — Confidence among U.S. homebuilders rose this month to its highest level in six and a half years, driven by strong demand for newly built homes and growing optimism that the housing recovery will strengthen next year.

U.S. Homebuilder Confidence at 6-Year High from U.S. News