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July 19, 2016

Homebuilder sentiment slips in July, still strong

  • Sales are running ahead of last year's pace through the first five months of this year.
  • By ALEX VEIGA
    AP Business Writer

    U.S. homebuilders are feeling slightly less optimistic about their sales prospects this month, though their outlook for the new-home market remains positive overall.

    The National Association of Home Builders/Wells Fargo builder sentiment index released Monday fell one point to 59.


     
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