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Homebuilder confidence in U.S. rises to record high

A “For Sale” sign is displayed outside homes under construction in the Norton Commons subdivision in Louisville, Kentucky, U.S., on Tuesday, Oct. 6, 2020. The U.S. Census Bureau is scheduled to release housing starts figures on October 20. Photographer: Luke Sharrett/Bloomberg

U.S. homebuilder confidence advanced in October to a fresh all-time high as record-low interest rates continued to fuel sales and the demand outlook.

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