<p>Homebuilder confidence is at a ten-year high.</p><p>The latest housing market index from the National Association of Homebuilders came in at 64, the highest since October 2005.</p><p>Economists had estimated an index reading of 62 for October. The prior print was revised down to 61 from 62. </p><p>The NAHB's report is based on a survey of members to get their thoughts on the housing market, as well as their prospects for future new home sales.</p><p><a href="http://www.businessinsider.com/nahb-housing-market-index-october-2015-10">More to come ...</a></p>    <div class="margin-top">        <h3>NOW WATCH: <a href="http://www.businessinsider.com/swedish-crowdsourced-house-2015-8">This Swedish house was designed by 2 million people - and it is surprisingly attractive</a></h3>        <div>            <div>    <script src="http://player.ooyala.com/v3/MDlhYjRhYmQyMjA2NWM2Yzg4YTJkYzcz"></script>    <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="pqeDV4djq6tlLbTe5fH34BAWmGxFzlba" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div>    <script>    if (typeof RunFunctions === 'undefined') { var RunFunctions = []; }     RunFunctions.push(function()    {         var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'pqeDV4djq6tlLbTe5fH34BAWmGxFzlba',{ autoplay: 'false' });     });    </script>    <noscript><div>Please enable Javascript to watch this video</div></noscript></div>        </div>        <script>(function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }()); </script>    </div>

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BusinessInsider

Homebuilders haven't felt this good since the housing bubble

Homebuilder confidence is at a ten-year high.The latest housing market index from the National Association of Homebuilders came in at 64, the highest since October 2005.Economists had estimated an index reading of 62 for October. The prior print was revised down to 61 from 62. The NAHB's report is based on a survey of members to get their thoughts on the housing market, as well as their prospects for future new home sales.More to come ... NOW WATCH: This Swedish house was designed by 2 million people - and it is surprisingly attractive if (typeof RunFunctions === 'undefined') { var RunFunctions = []; } RunFunctions.push(function() { var ooyalapopvideo = OO.Player.create('ooyalaplayer_popvideo', 'pqeDV4djq6tlLbTe5fH34BAWmGxFzlba',{ autoplay: 'false' }); }); Please enable Javascript to watch this video (function() { function createPlayer() { OO.ready(function() { RunFunctions.forEach(function(ooyalaFunction) { ooyalaFunction(); }); RunFunctions = [];}); } createPlayer(); }());

Homebuilder confidence is at a ten-year high. The latest housing market index from the National Association of Homebuilders came in at 64, the highest since October 2005.

Homebuilders haven't felt this good since the housing bubble

Akin Oyedele

NOW WATCH: This Swedish house was designed by 2 million people - and it is surprisingly attractive

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