Work continues Wednesday on a house under construction along Hilton Head's Dune Lane. Confidence among U.S. homebuilders is swelling to a five-year high, with many now anticipating that sales of new homes will strengthen this year even as signs point to a slowing economy. The National Association of Home Builders/Wells Fargo builder sentiment index surged six points this month to 35, the highest reading since March 2007.
Work continues Wednesday on a house under construction along Hilton Head's Dune Lane. Confidence among U.S. homebuilders is swelling to a five-year high, with many now anticipating that sales of new homes will strengthen this year even as signs point to a slowing economy. The National Association of Home Builders/Wells Fargo builder sentiment index surged six points this month to 35, the highest reading since March 2007. Jay Karr -- Staff photo
Work continues Wednesday on a house under construction along Hilton Head's Dune Lane. Confidence among U.S. homebuilders is swelling to a five-year high, with many now anticipating that sales of new homes will strengthen this year even as signs point to a slowing economy. The National Association of Home Builders/Wells Fargo builder sentiment index surged six points this month to 35, the highest reading since March 2007. Jay Karr -- Staff photo

US builders start most new homes since Oct. 2008

July 18, 2012 08:56 PM

UPDATED October 05, 2012 07:38 PM

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