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flag U.S. homebuilder confidence surged to a 10-month high in October, driven by improved sales conditions and future demand outlook.

flag U.S. homebuilder confidence rose sharply in October, exceeding expectations, according to the National Association of Home Builders. flag The index jumped to 58, up from 53 in September, marking the highest level since March. flag This increase reflects growing optimism among builders about current sales conditions and future demand, despite ongoing concerns about mortgage rates and affordability.

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