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20 Jul
20:34

New residential construction rises in June

New residential construction increased from May to June, according to data gathered by the US Census Bureau and the US Department of Housing and Urban Development, Kallanish reports. According to the newly released residential construction statistics, privately-owned housing units authorised by building permits in June were reported at a seasonally adjusted annual rate of 1.24 million units. This is 2.1% above May's revised rate of 1.22m units but is -2.5% bel…
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