Builder Confidence Down in October; NAHB Estimates Sept. Housing Starts will Approach 900,000 Units

Builder confidence in the market for newly built, single-family homes fell two points in October from a downwardly revised reading in the previous month to a level of 55 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI) released today. “Builder optimism remains …

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Builder Confidence Down in October; NAHB Estimates Sept. Housing Starts will Approach 900,000 Units

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