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Construction of single-family homes climbed 7.7 percent in March, according to the U.S. Census Bureau and the Department of Housing and Urban Development. Total housing starts rose 7.2 percent above February’s estimates. Building permits, an indicator of future construction, reached their highest level since December. Permits jumped 11.2 percent above February’s revised rate, with single-family authorizations up 5.7 percent. More here.
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