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US homebuilder confidence eases in November
Published Wed, Nov 18, 2015 · 09:50 PM
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Washington
CONFIDENCE among US homebuilders eased in November from a decade-high, indicating some cooling in the housing market.
The National Association of Builders/Wells Fargo sentiment gauge unexpectedly fell to 62 this month from a revised 65 in October, the highest level since October 2005, the Washington-based group reported on Tuesday. Readings above 50 mean more respondents said conditions were good.
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