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US housing starts jump to near 11-year high, permits fall

Updated : June 19, 2018 08:02 PM IST

Housing starts vaulted 5.0 percent to a seasonally adjusted annual rate of 1.350 million units last month, the Commerce Department said on Tuesday.
Building permits fell 4.6 percent to a rate of 1.301 million units, the lowest level since September 2017
US housing starts jump to near 11-year high, permits fall
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