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U.S. Home Builder Optimism Hits 10-Year High

OCT 19, 2015

A gauge of home-builder sentiment rose to a 10-year high in October, a sign of momentum for a key sector of the economy.

The National Association of Home Builders housing market index climbed to 64 this month, the trade group said on Monday. A reading over 50 means most builders generally see conditions in the single-family housing market as positive.

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