Archive for December, 2010

Housing Starts Rise…

U.S. Housing starts rose more than expected in November. The Commerce Department said that housing starts rose 3.9 percent to a seasonally adjusted annual rate of 555,000 units. They also revised October’s numbers upward to a 534,000 unit pace, it was originally reported at 519,000 units. Ground breaking for new homes last month was lifted by a 6.9 percent rise in single-family home construction which…

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