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September 21, 2016

Homebuilder confidence rises 6 points

By ALEX VEIGA
AP Business Writer

Confidence among U.S. homebuilders has surged to the highest level in nearly a year, reflecting a brighter outlook for sales now and into 2017.

The National Association of Home Builders/Wells Fargo builder sentiment index released Monday climbed six points this month to 65 following a downwardly revised reading of 59 in August.


 
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