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(Image from article: "Apartment Rents Rise as Sector Stabilizes")

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Housing starts hit 1.5 year high in November

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.

Apartment Rents Rise as Sector Stabilizes

Apartment rents rose during the first quarter, ending five straight quarters of declines and signaling the worst may be over for the hard-hit sector.

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