17.12.2013 16:05:06

U.S. Housing Market Index Rises More Than Expected In December

(RTTNews) - Offering an encouraging sign for the housing market going into 2014, the National Association of Home Builders released a report on Tuesday showing that U.S. homebuilder confidence improved by much more than anticipated in the month of December.

The report showed that the NAHB/Wells Fargo Housing Market Index climbed to 58 in December from 54 in November. Economists had been expecting the index to edge up to 55.