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Real Estate & Property Law

: Housing Wire

New Home Starts Hit Lowest Level Ever

By KELLY CURRAN

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The slouching economy forced U.S. home builders to slash construction of new homes in November, well below the worst levels seen in 50 years, according to a joint announcement Tuesday from the U.S. Census Bureau and the Department of Housing and Urban Development. New construction starts plunged a steep 18.9 percent, as builders threw in the proverbial towel [...]

Full post as published by Housing Wire on December 16, 2008 (boomark / email).

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