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Make Me Smart with Kai and Molly

What’s making homebuilders so cheery?

Amy Scott Sep 18, 2019
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A construction crew works on a new house in Monterey Park, California, in March.
Frederic J. Brown/AFP/Getty Images

Homebuilders are more confident than they’ve been all year, according to a new industry survey, even with a labor shortage and higher prices for materials because of the trade war. That spring in their step is partly because of lower mortgage rates, which should help more people buy new homes.

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