Homebuilder Confidence Continues to Climb

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Confidence among U.S.
homebuilders increased more than forecast in December, matching the highest
level in eight years.

The National Association of Home
Builders/Wells Fargo builder sentiment gauge rose to 58, exceeding the highest
projection in a Bloomberg survey, from 54 in November, according to a report
today from the Washington-based group. The median forecast called for the
measure to rise to 55. An index above 50 means more respondents report good
market conditions.

Talking with modular home
builders across the US,
I have found that they share the same bright outlook including the prospects
for a good 2014.

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