Housing Market, March | featured news

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Housing starts hit highest level since Nov. 2008

U.S. housing starts rose more than expected in March to their highest level since November 2008 and permits to build new homes scaled a 17- month high.

U.S. existing home sales seen slipping in March

Existing home sales in the United States likely fell in March amid tight lending standards and concerns by purchasers on job security but a continued decline in prices may mute the drop and even point to sales stabilizing, economists said.

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