US homebuilder confidence at 6-year high

Associated Press
US homebuilder confidence at 6-year high

In this Thursday, Oct. 11, 2012, photo, Ford Smith works on a new home under construction in Chicago. Confidence among U.S. homebuilders rose in October to its highest level in six and a half years, driven by strong demand for newly built homes and growing optimism that the housing recovery will strengthen next year. (AP Photo/Nam Y. Huh)

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