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updated: 1/16/2013 11:47 AM

U.S. homebuilder confidence steady near 7-year high

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  • In this Friday, Jan. 11, 2013, photo, a construction worker works at a new home under construction in Chicago. Confidence among U.S. homebuilders remained unchanged January from December at the highest level in nearly seven years, but builders are feeling slightly less optimistic about their prospects for sales over the next six months.

      In this Friday, Jan. 11, 2013, photo, a construction worker works at a new home under construction in Chicago. Confidence among U.S. homebuilders remained unchanged January from December at the highest level in nearly seven years, but builders are feeling slightly less optimistic about their prospects for sales over the next six months.
    Associated Press

 
Associated Press

Confidence among u.s. homebuilders held steady in january at the highest level in nearly seven years, but builders are feeling slightly less optimistic about their prospects for sales over the next six months. the national association of home builders/wells fargo builder sentiment index released wednesday held at 47, the same as in december and the highest reading since april 2006, just before the housing bubble burst.

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