Monday, January 22, 2007

NAHB - "Total Housing Starts Up, But Single-Family Starts Down In December" (1-18-07)

"An unseasonably warm December helped boost total housing starts, which includes condominiums and apartments, 4.5 percent to a seasonally adjusted annual rate of 1.642 million units for the month, according to figures released by the Commerce Department today. However, single-family builders broke ground on fewer homes in December as builders reduced their inventories while buying conditions improved."

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