Homebuilder Confidence in U.S. Unexpectedly Dropped in April

Confidence among U.S. homebuilders unexpectedly fell in April for a third month, restrained by rising costs for materials and financing restrictions. The National Association of Home Builders/Wells Fargo index of builder confidence dropped to 42, the lowest since October, from 44 in March, the W…

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Homebuilder Confidence in U.S. Unexpectedly Dropped in April

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