Homebuilder optimism at ’06 level

Index rises 2 points as demand strengthens for new homes

Posted: December 19, 2012 at 4:29 a.m.

A construction worker places a sign in the front yard of a house in the Fox Glen subdivision of Pickerington, Ohio, in August. The National Association of Home Builders/Wells Fargo builder sentiment index this month said builders reported a good market for newly built homes.

Confidence among U.S. home builders inched up this month, to the highest level in more than 6/2 years, as builders reported the best market for newly built homes since the housing boom.

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Business, Pages 28 on 12/19/2012