By: Wall Street Pit
January 17, 2013 at 11:43 AM EST
Housing Starts Rise Sharply In 2012′s Final Month
New residential construction in December rose substantially more than expected, posting a 12.1% increase last month (seasonally adjusted annual rate). Yours truly and several consensus forecasts were looking for a solid but considerably lesser growth rate of around 3.0%, as I noted yesterday. The key point, of course, is that the housing recovery remains on [...] View the full post at: Housing Starts Rise Sharply In 2012′s Final Month Related posts: A Little Ray of Sunshine in Housing Starts Housing Starts Jump in June; Is It Real this Time? Housing Starts Higher than Expected: Is that Green Shoot a Weed?
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