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BUSINESS BRIEFING / HOUSING

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Times Wire Reports

The National Assn. of Home Builders’ housing market index slipped one point in June, reflecting builders’ uncertainty about when their business prospects might improve.

The Washington-based trade association said the index fell to 15 -- the first decline since January, when the index dropped to an all-time low of 8.

Index readings lower than 50 indicate negative sentiment about the market.

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