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US home construction slips 0.3 percent in March

from New Jersey Herald

U.S. home construction slipped 0.3 percent in March, as housing starts are running below last year's pace in a sign that inventory could be a challenge for would-be buyers. The Commerce Department said that ground breakings last month occurred at a seasonally adjusted annual rate of 1.14 million. So far this year, starts have fallen 9.7 percent. more


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