Home Construction at Five-Month Low

Summary


Both new residential construction housing starts and building permits declined in May, showing the lowest figures since December 2009, according to a report by the U.S. Department of Commerce.

Nationally, only 593,000 privately-owned housing starts and 468,000 single-family housing starts were reported in May, a 10 percent and 17.2 percent decline from April, respectively.

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Home Construction at Five-Month Low

Building permits for ...

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