US housing starts rise to 7-month high

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US housing starts rise to 7-month high

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07-18-2009, 05:30 AM

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US housing starts rise to 7-month high

The Commerce Department has today revealed that US housing starts and permits rose higher than expected in June.According to official figures, new housing starts rose 3.6% to 582,000 units - the highest level in seven months. This is the second month in a row that housing starts have risen following record lows in April. However, [...]

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