New Housing Starts Rise in U.S., Parallels Builder Confidence Uptick

According to the U.S. Department of Housing and Urban Development and the Commerce Department. This month’s reading is a post-recession high, nationwide housing starts in the U.S. rose 3.3 percent in November 2017 to a seasonally adjusted annual rate of 1.297 million units after a downwardly revised October 2017 reading.

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Source: World Property Journal

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