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US home builder sentiment ticks up in August but remains weak overall
The index rose to 35, but builders still reported weak sales conditions and continued to cut prices and offer incentives, the National Association of Home Builders said.
Aug 17 (Reuters) - U.S. home builder sentiment unexpectedly ticked higher in August, but residential construction firms' confidence remains weak overall, weighed down by economic uncertainty, high mortgage rates and steep building costs aggravated by t...