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September Housing Starts Top Views
New housing starts in September came in higher than expected and showed that builders are still getting product started in what many feel is still an under-housed nation.
Mortgage applications also reversed course and headed upward last week.
The Census Department said Wednesday that new housing starts were at a seasonally adjusted annual rate of 2.11 million. Economists had forecast a September rate of 1.975 million new starts. ...
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