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Archive Home > 2010 > July > 20 > Homebuilder confidence falls

Homebuilder confidence falls


July 20, 2010

WASHINGTON — Builders turned more pessimistic in July than forecast, a sign the expiration of a government tax credit will depress home construction.

The National Association of Home Builders/Wells Fargo confidence index dropped to 14 this month, the lowest level since April 2009, from 16 in....

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