Builder confidence at 6-year high
Rise in demand, prices for new homes raise hope for trend
Posted: September 19, 2012 at 4:16 a.m.
A construction worker places a sign in front of a new home in the Fox Glen subdivision of Pickerington, Ohio, in August. Builders this month reported the best sales level since July 2006.
Confidence among U.S. homebuilders rose this month to its highest level in six years, and many expect the housing recovery will strengthen in the next six months.
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Business, Pages 25 on 09/19/2012
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