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U.S. Housing Market Index Unexpectedly Drops To Eight-Month Low In August

Homebuilder confidence in the U.S. has unexpectedly continued to deteriorate in the month of August, according to a report released by the National Association of Home Builders on Thursday.

The report said the NAHB/Wells Fargo Housing Market Index fell to 39 in August from a downwardly revised 41 in July.

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by RTTNews Staff Writer

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