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Why Home Builders' Gains Might Not Mean A Robust Market

2015-01-30 08:32:10| Auto Dealers - Topix.net

Home builders have painted a relatively optimistic picture this week of the trajectory of the new-home market going into the spring selling season, but mild concerns linger about whether those results truly mirror the broader market. Five large, publicly traded builders have reported quarterly results so far this week, with most posting heady gains in sales contracts for their latest quarter in comparison to a year earlier.

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