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U.S. Home Builders Remain Cautious

4 years ago3 views



U.S. home builders remained cautious about the housing market in March, suggesting a driver of the recovery might be sputtering for reasons beyond the severe winter weather. The National Association of Home Builders said Monday that builder confidence in the market for single-family homes rose just one point from a month earlier to a seasonally adjusted 47 in March. Builders reported they were slowed by poor weather, but also said they were also hampered by difficulties finding labor and land.

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