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NAHB housing market index shows drop in builder confidence

Posted on 17 April 2012

In a slight letdown for housing bulls, homebuilder confidence slipped in April against the backdrop of uninspiring market signs that have tempered the view that a market recovery is accelerating.
The National Association of Home Builders/Housing Market Index dipped to 25 in April, the NAHB says, marking a three-point drop from what had been the index’s highest level since the housing bust………………………………………..Full Article: Source


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