Housing Permits Up, Housing Starts Down

November 17 2010 (Jeff Alan)
housing-activity-picture
Housing activity was a mixed bag in October with housing starts dropping while building permits increased from the September. The number of housing starts is the lowest since April 2009.

Housing starts dropped in October to a 519,000 annual rate, down 12 percent from the revised September estimate of 588,000, the Commerce Department reported Wednesday.

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