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David Crowe, the builder group's chief economist, pointed to some regional pockets of strength. New Orleans, Pittsburgh and other smaller areas, in particular, have reported increased buying. New homes make up a small portion of housing sales. But they have an outsize impact on the economy. The builder trade group says each new home built creates an average of three jobs for a year and generates about $90,000 in taxes. Sentiment about current single-family home sales rose three points to 25, according to a separate gauge in the survey. Builders are also more optimistic about future sales. The outlook improved across the country, rising nine points in the Northeast, five points in the West, two points in the South and one point in the Midwest.
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