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flag U.S. homebuilder confidence edged up to 38 in November, still below optimism threshold, amid price cuts and weak demand.

flag U.S. homebuilder confidence rose slightly to 38 in November, up from 37, exceeding expectations, though still below the 50 threshold indicating optimism. flag Despite improved current sales conditions and buyer traffic, future sales expectations declined. flag A record 41% of builders cut prices, averaging a 6% reduction, while 65% used sales incentives. flag Ongoing challenges include high construction costs, economic uncertainty, and weak consumer demand due to job concerns and inflation. flag NAHB forecasts a modest rebound in housing starts in 2026.

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