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Homebuilder Sentiment Stronger Than Expected

FYI: With a decline of over 6% so far this year, 2014 has not been a year to remember for the homebuilders. The weakness in the sector has also been evident in the National Association of Home Builders (NAHB) monthly survey of home builder sentiment. After hitting post-recession highs in the second half of 2013, sentiment dropped throughout the first half of 2014, driven in part by a Winter that was right out of Frozen's kingdom of Arendelle
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