NEW CONSTRUCTION HITS RECORD LOWS

nypost.com     May 17, 2008            

Bloomberg May 17, 2008 -- Construction of US single-family houses in April dropped to the lowest level in 17 years, even as building of condominiums and townhouses rebounded. Builders broke ground on 692,000 single-family homes at an annual rate, the fewest since January 1991, the Commerce... [read full story]                    


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