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Posted on May 18, 2010 | tags

 
 

Biz: Bounceback: New homes getting built at decent clip, but will it last?

  • 5.8% the month-to-month increase; housing starts are at their highest level since late 2008
  • 40.9% the year-over-year increase; that’s the highest increase since March 1994
  • -11.5% the decrease in new building permits, which suggests housing starts will go down source