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U.S. July homebuilder confidence rises to 10-month high of 17

Posted on 17 July 2009

From Bloomberg: Confidence among U.S. homebuilders rose this month to the highest since September as sales of single-family units increased and more prospective buyers expressed interest.

The National Association of Home Builders/Wells Fargo index of builder confidence gained to 17 this month from 15 in June, the Washington-based NAHB said today. A reading below 50 means most respondents view conditions as poor……….Full Article: Source


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