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18 Aug
19:08

US new residential construction starts up in July

US new residential construction increased from June to July, 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 July were reported at a seasonally adjusted annual rate of 1.495 million units. This is 18.8% above June's revised rate of 1.29m units and 9.4% …
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