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US homebuilders less gloomy despite few buyers

Posted on 20 December 2011

Rising interest from would-be buyers is leaving U.S. homebuilders less pessimistic about the housing market. But tighter lending standards are still keeping many potential buyers from purchasing new homes.The National Association of Home Builders/Wells Fargo builder sentiment index rose two points to 21 in December.
That’s the highest level since May 2010. It’s just the second time the index has been at 20 or above in two years………………………………………..Full Article: Source


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