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September 18, 2014

Homebuilder confidence at 9-year high

By ALEX VEIGA
AP Business Writer

U.S. homebuilders' confidence in the market for new single-family homes surged this month to the highest level in nearly nine years.

The brighter outlook reflects growing optimism that sales will increase over the next six months. That could potentially spur growth in home construction, a key driver of the economy.


 
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