June housing starts up 2.3 pct, permits plummet (Reuters)

Houses are constructed in a community in California, in an undated file photo. The pace of home construction rose 2.3 percent in June but building permit activity, a sign of future construction plans, sank to its lowest rate in 10 years, signaling further weakness in the listless housing market. (Mike Blake/Reuters)Reuters - The pace of home construction rose 2.3 percent in June but building permit activity, a sign of future construction plans, sank to its lowest rate in 10 years, signaling further weakness in the listless housing market.


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