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US homebuilder sentiment hits highest level since 2005 (access required)

U.S. homebuilders' confidence in the market for new homes is back up to levels not seen since the height of the housing boom a decade ago. The National Association of Home Builders/Wells Fargo builder sentiment index released July 16 rose this month to 60, the highest level since November 2005. The latest reading is unchanged from May, ...

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