November U.S. Housing Starts Unexpectedly Rose 3.9%

The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of homebuilding.

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Housing Starts Growth Beats Expectations in November originally appeared on DailyFinance on Thu, 16 Dec 2010 11:05:00.

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