That's 30.7% down from the same month last year. Analysts had recently forecast a 1.7% rise in housing starts. Builders curtailed construction of new homes sharply in October, according to a government report released this morning.
Construction Of New Homes Drops A Surprising 10.6% In October
Los Angeles Times - Top News, Los Angeles Times
Wed, 11/18/2009 - 7:32am
Topics: 2009 construction housing market new homes october
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