US housing starts post surprise fall in July

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US housing starts post surprise fall in July

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08-19-2009, 12:02 AM

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US housing starts post surprise fall in July

The Commerce Department has revealed a fall in US housing starts for the month of July ending three months of gains.According to the Commerce Department, construction of new US homes fell 1% in the month to an annual rate of 581,000 properties.However, there was a fifth straight monthly rise in single family home starts, increasing [...]

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