NAHB: Builder Confidence in Housing Market Ticks Up in October

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by Kurt Clements Home builder confidence in national housing market conditions rose one index point for a reading of 68 in October. Readings over 50 indicate that most builders are confident about market conditions. Rolling three-month averages showed mixed results. The Northeastern region gained three points for an index reading of 57; the Midwestern region, where Chicago is located, lost two …