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US homebuilders are the most confident they’ve been in two decades, new data from the National Association of Home Builders/Wells Fargo Housing Market Index showed.

The December leap further establishes the housing sector as “the hottest part of the whole economy,” Pantheon Macroeconomics Chief Economist Ian Shepherdson said Monday.

The National Association of Home Builders/Wells Fargo Housing Market Index soared five points to hit 76 in December, according to data released Monday.

Consumer traffic and robust sales both notched their best scores since the late 1990s and drove the housing index higher. The NAHB index reading for January is scheduled for release on January 16, 2020.