The Trump bump has spread to the home building industry, with builders more optimistic now than they’ve been in nearly a dozen years.

The Housing Market Index, a gauge of the single-family construction industry, climbed to 71 in March — the highest reading since June 2005.

An index of more than 50 is an indication that there are more U.S. home builders who view conditions as good than who view them as poor.hile the West saw a three-point decline to 76.

Source: Mortgage Daily