Homebuilder confidence is rebounding

April 15, 2015 2:59 PM

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Homebuilder confidence is rebounding

The companies that build new houses are feeling more confident about the housing market.

That's according to the National Association of Home Builders and its monthly confidence index. The trade group’s April index rose four points to 56, its highest level of the year. Any reading over 50 indicates builders see conditions as good.

Also read: Manhattan Home With Indoor Swimming Pool Asks $36.8 Million

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