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Blog :: 05-2012

Housing Starts Post New Gains

Builders broke ground on more homes last month as housing starts jumped 2.6 percent nationwide in April over March, the Commerce Department reported this week.

The single-family sector saw a 3 percent increase in housing starts in April, while multifamily construction projects saw a 3.2 percent rise.

New starts in the Northeast, however, dropped by 20.7%. See the full article at Realtor.org:

Housing Starts Post New Gains