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Metro East REIA

Builder Confidence Down as Housing Market Continues to Weaken

CNBC’s Diana Olick says that for the 10th straight month, the National Association of Home Builders (NAHB) has reported that builder confidence was down as the housing market continues to weaken. According to the NAHB/Wells Fargo Housing Market Index, builder confidence dropped 8 points in October to 38 – half of what it was 6 months ago. Continue reading HERE...

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