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September 19, 2017

Homebuilder sentiment falls 3 pts in September

  • Rebuilding efforts following recent hurricanes are expected to drive up costs.
    • By ALEX VEIGA
    AP Business Writer

    U.S. homebuilders are feeling less optimistic about their sales prospects, reflecting concerns that rebuilding efforts following hurricanes Harvey and Irma will drive up costs for construction labor and materials.

    Even so, builders' overall view of the new-home market remains positive.


     
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