U.S. home builder confidence remained unchanged at the level of 72 in February, the National Association of Home Builders said, with contractors optimistic that the pro-business political climate will strengthen the housing market.

NAHB Chairman Randy Noel, however, said that builders need to manage supply-side construction hurdles, including shortages of labor and building material price increases.

The housing market index, or HMI, component charting sales expectations in the next six months edged up 2 points to 80 in February.

The index measuring buyer traffic was steady at 54, while the component gauging current sales conditions slipped 1 point to 78.

"The HMI gauge of future sales expectations has reached a post-recession high, an indicator that consumer demand for housing should grow in the months ahead," said NAHB Chief Economist Robert Dietz.