US home builder sentiment subdued in November amid labor market worries

WASHINGTON (Reuters) -U.S. homebuilder sentiment remained subdued in November as concerns about the labor market and household finances weighed on demand, contributing ​to a surge in the share of builders slashing prices to reduce new housing inventory. The National ‌Association of Home Builders/Wells Fargo Housing Market index edged up one point to 38 this month. It remained below ‌the 50 breakeven point for the 19th straight month. Economists polled by Reuters had forecast the index unchanged at 37. Th ...