Homebuilders happier than a kid in a candy store

Homebuilders

HomebuildersBy Diana Olick | CNBC

U.S. homebuilders have not felt this good about their business in a decade.

Sentiment jumped 3 points in October to a level of 64 on the National Association of Home Builders/Wells Fargo Housing Market Index. Anything above 50 is considered positive sentiment. The index stood at 54 last October.

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