Builders’ confidence in the market for new single-family homes improved but remained quite low as the National Association of Home Builders’ housing market index — a monthly gauge of builder sentiment — increased to 21 in December from 19 in November.

Thomson Reuters’ poll of economists had predicted that the index would be 20.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.