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Housing Starts Explode to New Heights

Housing Starts Explode to New Heights

RIS Media reports that new home starts have jumped 20.2% in April, "restoring themselves to what some are calling 'recovery highs', levels similar to November 2007." A U.S. Commerce Department report released several days ago measured housing starts for April at a 1.14 million annualized level. The 20.2% increase is the biggest jump recorded since 1991.
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