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Builder confidence holds steady in April

from Door and Window Magazine

Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index. “Job growth is proceeding at a solid pace, mortgage interest rates remain historically low and home prices are affordable,” says NAHB chief economist David Crowe. more

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