Homebuilder sentiment is at a 10-year high

Homebuilder sentiment is at a 10-year high.

The index from the National Association of Homebuilders came in at 62 for September. It is based on a survey of members and aims to gauge their outlook on the single-family housing market.

Economists had estimated that the index was unchanged from the prior month at 61, a nine-year high.

More to come ...