Housing starts rose 0.3% in September

10/20/2010 | MarketWatch

For the third consecutive month, housing starts inched up in September, an indication that the housing market may be stabilizing. New construction on housing units was up 0.3% to 610,000 annualized units on a seasonally adjusted basis. Some economists say that the housing sector is beginning to stabilize after the withdrawal of economic-stimulus measures.

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