Housing Starts, Permits Took Plunge in March

Hume, Lynn
April 2006
Bond Buyer;4/19/2006, Vol. 356 Issue 32363, p2
Trade Publication
The article reports on the status of home construction in the U.S. Groundbreaking ceremonies for new home construction decreased 7.8 percent to a seasonally adjusted rate of 1,960 million in March 2006. This condition was attributed to the decline of private housing permits. Permits for this type of housing dropped 5.5 percent, the lowest rates reported since March 2005.


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