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Written by Jeff
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Friday, 20 November 2009 17:02 |
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Housing starts failed to hit the 600,000 annual pace most economists expected for October. Our report is here: October Starts
Even after a string of monthly gains over the past few months, starts are 30% below their level of a year ago, driven mostly by multi-family starts. Single family home starts are only down 11% from a year ago.
Here's the take from Calculated Risk: Housing Leads the Economy
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