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US: Home-builder confidence lowest in six months

Posted on 16 April 2013

A gauge of confidence among home builders fell in April — a third straight monthly decline — indicating demand concerns despite a strengthening market, according to data released Monday.
The overall index for confidence among home builders decreased to 42 in April from 44 in March, hitting the lowest level in six months, dragged down by concerns over present sales and buyer traffic, according to the National Association of Home Builders/Wells Fargo housing-market index………………………………………..Full Article: Source


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