Global Economic News

U.S. Homebuilder Confidence Unexpectedly Inches Higher In February

Homebuilder confidence in the U.S. has unexpectedly seen a modest improvement in the month of February, the National Association of Home Builders revealed in a report on Wednesday.

The report said the NAHB/Wells Fargo Housing Market Index inched up to 84 in February after falling to 83 in January. Economists had expected the reading to be unchanged from the previous month.

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by RTTNews Staff Writer

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