A home under construction Builder confidence for newly built, single-family homes posted its seventh consecutive monthly gain in November, according to the National Association of Home Builders and Wells Fargo. The November score comes in at 46, marking the U.S. housing market index's highest point reached since May 2006. Scores above the 50 mark denote positive builder sentiments on the 1-100 scale. According to CNBC, builder confidence, along with home sales figures, shows that the housing market recovery is both real and strengthening (see video after the jump). [more]