Thursday, December 21, 2006

NAHB - "Housing Starts Up In November, Permits Continue Moderate Decline" (12-19-06)

"Unseasonably warm November weather helped boost total housing starts 6.7 percent to a seasonally adjusted annual rate of 1.588 million units for the month, according to figures released by the Commerce Department today. But builders reduced the pace of permit issuance another 3.0 percent in November to 1.506 million units, a level that was 31.3 percent below a year ago."

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