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Housing Starts Decline 1.1 Percent in February

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Nationwide housing starts edged down 1.1 percent to a seasonally adjusted annual rate of 698,000 units in February, according to newly released figures from the U.S. Commerce Department. This was the second-best pace of new construction since October of 2008 following an upwardly revised 706,000-unit pace in January.

Read more: http://www.nahb.org/news_details.aspx?newsID=15135

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