10/17: MetroIntelligence Economic Update by P. DUFFY

October builder confidence rises to 20-month high of 71 Builder confidence in the market for newly-built single-family homes rose three points to 71 in October, or to their highest point since February 2018.  The HMI index gauging current sales conditions increased three points to 78, the component measuring sales expectations in the next six months jumped six points to…

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