21.12.2011 - Has America’s housing market hit bottom?

U.S. housing starts and permits for future construction jumped to a 1-1/2 year high in November as demand for rental apartments rose, suggesting the housing market was starting to recover. The Commerce Department said on Tuesday housing starts surged 9.3% to a seasonally adjusted annual rate of 685,000 units, the highest since April last year...............................................Full Article: Source

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