U.S. housing starts are up 6.8% but fall short of forecasts

06/18/2013 | Christian Science Monitor, The · Bloomberg

Housing starts in the U.S. were up 6.8% to an annual rate of 914,000 in May but came in less than the 950,000 rate most analysts expected, according to the Commerce Department. A 21.6% bump in multifamily starts accounted for most of the expansion. Single-family housing starts increased only 0.3%.

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Christian Science Monitor, The · Bloomberg

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