Construction of new homes in Canonsburg, Pa. US homebuilders' confidence soared in December 2016 to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. Photo: AP

US homebuilder confidence leaps to 11-year high

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Construction of new homes in Canonsburg, Pa. US homebuilders' confidence soared in December 2016 to the highest level in 11 years, reflecting heightened expectations of better sales now and well into 2017. Photo: AP
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