Construction starts rise in Feb, but home builder confidence sags

The number of new housing starts increased last month thanks to growth in the multifamily sector. However, builder confidence continued to decline due to the rising costs of building materials, it was revealed last week. The Department of Housing and Urban Development and the Census Bureau said last week that February housing starts, including both

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Slumping Home Builder Confidence Dampens Stocks

According to a new report by the National Association of Home Builders (NAHB), higher home prices caused many U.S. homebuilders to take heed.

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