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U.S. Commerce Department: Northeast housing starts fall in February, building permits rise

Mar 21, 2016
Privately-owned housing starts in February fell 51.3 percent for the Northeast to 73,000, according to data released by the U.S. Commerce Department. January’s total was 150,000.
Nationally, housing starts were at a seasonally adjusted annual rate of 1,178,000, a 5.2-percent increase from the revised January total of 1,120,000.
Building permits for the Northeast rose in February, increasing 40.4 percent to 125,000. Nationally, building permits fell 3.1 percent to 1,167,000.
To read the entire U.S. Commerce Department press release, click here.
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