Home builder confidence in single-family housing jumps to highest in 12 years

CHICAGO RIVER HOUSE

By Hannah Levitt Home builder confidence in single-family housing rose to the highest level since 2005, buoyed by increased confidence since the November presidential election. The Housing Market Index rose to 71 in March, jumping 9.2 percent from 65 in February and higher than the Bloomberg consensus prediction of 66, according to the National Association […]