Home Construction

US homebuilder confidence in December reached the highest level since July 2005, according to an index from the National Association of Home Builders. “Though this significant increase in builder confidence could be considered an outlier, […]

Housing starts rose 25.5% in October to a 1.32 million annualized rate, the fastest pace since August 2007, the Commerce Department reported. Multifamily starts rose 68.8%, and single-family starts were up 10.7%. Bloomberg (11/17)