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U.S. Homebuilder Confidence Unchanged In November

Homebuilder confidence in the U.S. came in unchanged in the month of November compared to a downwardly revised reading for the previous month, according to a report released by the National Association of Home Builders on Monday.

The report said the NAHB/Wells Fargo Housing Market Index came in at 54 in November, unchanged from the revised reading for October. Economists had expected the index to come in unchanged compared to the 55 originally reported for the previous month.

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