US homebuilder confidence at 7-month high in November, survey says

WASHINGTON, D.C.: A recent survey revealed that U.S. homebuilder sentiment climbed to a seven-month high in November, with expectations for sales over the next six months reaching their highest level in approximately two and a half years.

The surge in optimism follows a Republican election sweep, boosting hopes for regulatory reforms that could accelerate residential construction.

The National Associatio