2009, New Homes | featured news

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Construction of new homes rebounds

Construction of new homes, helped by better weather, rebounded in November following a setback in the previous month.

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.

New home construction gains modestly

Construction of new homes edged up slightly in September, helped by a rebound in single-family construction. But applications for building permits fell by the largest amount in five months.

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