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Builder confidence is at highest level since 2006, with index posting sixth consecutive gain

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Builder confidence for newly built, single-family homes posted its sixth consecutive increase, a one-point month-over-month gain, according to the National Association of Home Builders and Wells Fargo. The gain brings the index to 41 from 40, which continues keeping the score at its strongest level since June 2006. September posted a three-point gain and August posted a two-point increase. In July, there was a six-point spike. NAHB Chairman Barry Rutenberg said that while builders report [more]

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