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Housing market rebound? New-home starts notch a post-2008 high

Fri Jul 20, 2012 on Blog



Housing market rebound? New-home starts notch a post-2008 high. (via The Christian Science Monitor)

The pace of homebuilding activity is on the mend in another sign of healing in the US housing market. Builder “starts” on new homes reached an annualized rate of 760,000 in June, the Commerce Department reported Wednesday. That’s the highest level on that indicator since October 2008, when the nation…