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US Homebuilder Confidence Surges to All-Time High

M. Ali 16 September, 2020 6:34 pm Market Update

Homebuilder confidence in the United States increased to a record high in September, data showed on Wednesday.

The NAHB/Wells Fargo Housing Market Index (HMI) went up by five points to a record high of 83 in September.

This comes amid historically low mortgage rates due to the COVID-19 pandemic.

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