The National Association of Home Builders/Wells Fargo Housing Market Index released its statistics for September 2014 and reports builder confidence in the U.S. market for newly built, single-family homes rose for the 4th consecutive month. The gain for new construction is the highest rating since November 2005.

The monthly survey index gauges the builder’s perception of home sales for the next six months and rating prospective buying traffic. Read more about this topic here.

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