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Confidence among U.S. home builders slipped this month but remained high historically, a sign of stability in the housing market. Despite the June decline, confidence has risen broadly over the past year, reflecting steady home sales and expectations that the market will pick up later this year.
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Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised june reading on the National Association of home builders/wells fargo housing Market Index (HMI).. Home. ** We do not share your name or email address with anyone.
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The numbers: Home builder confidence rose one point to 65 in July, as measured by the National Association of Home Builders' monthly index.
Builder confidence for single-family homes rose just one point, to 65, in July, according to the National Association of Home Builders/Wells Fargo. Dow drops 390 points and slips back below 26,000 as bond yields.. GP: Home builders Residential Construction As U.S. Housing Figures Are Released.
US Builder Confidence Slips Two Points in July, Remains Solid – Builder confidence in the market for newly-built single-family homes slipped two points in July to a level of 64 from a downwardly revised June reading on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It is the lowest reading since November 2016. .