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Wednesday, December 18, 2013

BREAKING NEWS : Housing Starts Hit Highest Rate Since Feb. 2008

The Commerce Department reports housing starts surged 22.7% in November, the biggest increase since January 1990, to an annual rate of 1.09 million units, well above Wall Street's expectations of an increase to 950,000 units. Housing permits fell 3.1% to an annualized rate 1 million units, versus expectations of 990,000 units.





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