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As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

November 8th, 2010 · Comments Off on As Buyer Foot Traffic Rises, So Does Homebuilder Confidence

According to the NAHB, October’s HMI reading of 16 is its highest value in 5 months. The uptick hints that the market for newly-built homes may rebound more quickly that this summer’s weak new homes sales figures would otherwise suggest.

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Tags: Economy · Homebuilders · Real Estate