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Economic Buzz: US Homebuilder Confidence Slips

19 Apr 2022 , 09:00 AM

The US National Association of Home Builders released a report on Monday showing a continued deterioration in U.S. homebuilder confidence in the month of April. The report showed the NAHB/Wells Fargo Housing Market Index fell to 77 in April from 79 in March. The housing market index declined for the fourth consecutive month, sliding to its lowest level since hitting 76 last September.

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