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flag U.S. homebuilder confidence edged up in April, but builders still face high costs and labor shortages.

flag U.S. homebuilder confidence rose slightly in April to 40, defying predictions of a drop. flag Despite this improvement, builder sentiment remains weak, influenced by tariff-induced cost increases and labor shortages. flag The index for current sales conditions improved to 45, while sales expectations for the next six months fell to 43. flag Builders report an average material price increase of 6.3% due to tariffs, adding about $10,900 to home costs.

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