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New housing starts lowest since 1924

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12-16-2008, 02:40 PM

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New housing starts lowest since 1924

The Construction Products Association (CPA) and Ernst & Young, which jointly produce a quarterly barometer of the construction sector, have reported that the number of homes being built in the UK has fallen to its lowest level since 1924. Housing developers hit by plummeting sales have been mothballing new projects and so far this year housing [...]

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