U.S. Builder Confidence Edges Downward In May - Congoo

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U.S. Builder Confidence Edges Downward in May

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APPLIANCE Magazine | May 17, 2008

Home builders remained considerably downbeat as market conditions continued to erode in May, according to the NAHB/Wells Fargo Housing Market Index (HMI). The HMI fell a single point to 19, bringing it within one point of the record low 18 set in December 2007 (the series began in January of 1985). ...

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