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Builder Confidence Begins to Slip in March

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Builder confidence in the market for newly built, single-family homes paused for a third consecutive month in March, with a two-point reduction to 44 on the latest National Association of Home Builders/Wells Fargo Housing Market Index (HMI). "Following eight consecutive months of improvement, builder confidence leveled off in January and has since edged down several points," noted NAHB Chairman Rick Judson, a home builder from Charlotte, N.C.Click to continue


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