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November home construction recovers after October slide

2015-12-16 17:01:59| Real Estate - Topix.net

A big jump in apartment construction in the Midwest and South boosted the pace of homebuilding in November, marking a solid bounce back after tumbling in October. The Commerce Department said Wednesday that total housing starts - both houses and apartments- climbed 10.5 last month to a seasonally adjusted annual rate of 1.17 million homes.

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