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Here Comes Homebuilder Sentiment...

Sam RoOct 16, 2014, 19:22 IST

At 10:00 a.m. ET, we'll get the October NAHB Housing Market report.

Economists estimated the homebuilder sentiment index was unchanged at 59 in October.

"New home sales surged 18% in August, which helps explain the rise in confidence in September," said Bank of America Merrill Lynch economists who expect a 58 level. "However, we don't think such strong pace of growth is persistent."

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