Home construction upNews added by ProWEB Media on August 17, 2010
Gary Linnell

ProWEB Media

Joined: December 27, 2005

Housing starts climbed 1.7 percent between June and July -- having last month risen to a seasonally adjusted, annual rate of 546,000, the Department of Commerce reports.

This figure is compared with estimates of a rate of 555,000, according to economists surveyed by Briefing.com.

And finally, this means that, in the year-over-year period examined, new home construction has declined 7 percent.
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