Real Estate

Recovering US Housing Starts Fell Short of Estimation

The US housing market has been slowly recovering for last few months. But between the months of April and May, housing starts fell 6.5% to a seasonally adjusted annual rate of 1,001,000. The revised April estimate was 1,071,000. The rate however is 9.4% more than May 2013 rate of 915000. With this steep decline, the housing market in US heads ...

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