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Housing starts jump in December

Posted on 18 January 2013

Builders started work on homes in December at the fastest pace since the summer of 2008 and finished 2012 as the best year for residential construction since the housing crisis began.
The Commerce Department said Thursday that builders broke ground on houses and apartments at a seasonally adjusted annual rate of 954,000. That’s 12.1% higher than November’s annual rate and nearly double the recession low of April 2009………………………………………..Full Article: Source


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