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Builder confidence falls in Northeast and nationally in February

Feb 19, 2014
Builder confidence in the market for newly-built, single-family homes posted a 10-point drop to 46 in February on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). 

The HMI for the Northeast posted a four-point decline to 38 in February. 

NAHB Chairman Kevin Kelly said that significant weather conditions across most of the country led to a decline in buyer traffic. 

To read the entire NAHB press release, click here.
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