Industry NewsMarkets & Economy

Housing starts fall to record lows

Real estate brief
Published on Feb 19, 2009

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by CareyBot

U.S. housing starts in January fell 16.8 percent from December to a seasonally adjusted annual rate of 466,000 units, a record low, according to U.S. Commerce Department figures reported Wednesday. Compared to a year ago, new-home production declined 56.2 percent, ...