Industry NewsMarkets & Economy

Starts, permits fall 70% from peak

Lowest single-family construction activity since 1982
Published on Oct 17, 2008

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by CareyBot

Single-family housing starts and building-permit authorizations hit the lowest level since 1982 in September, with total starts and permits dipping to levels not seen since 1991, the U.S. Department of Housing and Urban Development and U.S. Census Bureau announced today.

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