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U.S. Commerce Department: Housing starts fall, building permits rise for Northeast

Jun 23, 2014
Privately-owned housing starts in May were at a seasonally adjusted rate of 95,000 for the Northeast, down 25.2 percent from April, according to data released by the U.S. Commerce Department.

Nationally, housing starts were at an annual rate of 1,001,000, a 6.5-percent drop from the revised April total of 1,071,000. 

Building permits for the Northeast in May rose 3.5 percent to 117,000, while nationally, building permits fell 6.4 percent to 991,000. 

To read the entire U.S. Commerce Department press release, click here.
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