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Senate is scheduled to vote on Senator Harry Reid’s proposal late Saturday; NAHB opposes the House version of health care reform.
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Single-family permits remain flat at seasonally adjusted pace of 451,000.
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HMI remains at a reading of 17.
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Factory-built housing giant, which also operates in Canada and the United Kingdom, plans to sell its U.S. operations.
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Evans, who helped home builders run their businesses more efficiently and profitably, died Saturday at age 92.
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House approves extension by vote of 402-12; buyers now have until June 30, 2010 to close on a home.
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Quarterly financial results from BMHC, Weyerhaeuser, Huttig, Builders FirstSource, Owens Corning, Potlatch, Plum Creek, Rayonier, and Masco.
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Residential construction grows 3.9%; pending home sales move up 6.1%.
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Only three cities—Charlotte, Cleveland, and Las Vegas—showed drops in home values.
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Economists at semiannual NAHB conference discuss home prices, jobs, mortgage rates, and the federal tax credit.