Tuesday, May 21, 2024

US homebuilder sentiment slips in February

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 U.S. homebuilders are feeling slightly less confident about their sales prospects ahead of the spring home-selling season, though they remain positive overall that the housing market will continue to improve this year.

The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday slipped to 58 this month, down three points from a revised reading of 61 in January.

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