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Home Builder Confidence Rises Slightly In Sept

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Builder confidence is slightly higher this month thanks to strong housing demand.

The National Association of Home Builders says builder sentiment edged up a point in September after hitting a three month low. The group noted lower lumber prices as builders continue to grapple with supply chain issues and labor challenges.

The NAHB Chief Economist expects housing affordability to be a key issue for many buyers due to rising home prices and construction costs.

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