Construction Of New Homes Drops A Surprising 10.6% In October

That's 30.7% down from the same month last year. Analysts had recently forecast a 1.7% rise in housing starts. Builders curtailed construction of new homes sharply in October, according to a government report released this morning.

Sections:  news   business   
Topics:  2009   construction   housing market   new homes   october   
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