US housing starts jump, building permits up

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US housing starts jump, building permits up

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09-21-2010, 08:54 PM

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US housing starts jump, building permits up

There was some good news from the US housing market today after the Commerce Department revealed housing starts jumped in August to a four-month high. According to the Commerce Department, construction of new US homes rose 10.5% last month to a seasonally adjusted annual rate of 598,000 units – beating analysts expectations of 550,000. In [...]

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