U.S. Homebuilder Confidence Stays Near Year High

By | December 15, 2014

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Confidence among U.S. homebuilders hovered close to a nine-year high in December, indicating the residential real estate recovery continues to make progress. While the National Association of Home Builders/Wells Fargo sentiment gauge decreased to 57 this month from 58 in November, readings greater than 50 mean more respondents said conditions were good, the Washington-based group reported today. The median forecast in a Bloomberg Scalper1 News

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