U.S. housing starts slowed to 861K in November

 
By CHRISTOPHER S. RUGABER | Published: December 20, 2012   

U.S. builders broke ground on fewer homes in November after starting work in October at the fastest pace in four years. Superstorm Sandy likely slowed starts in the Northeast.

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The Commerce Department said Wednesday that builders began construction of houses and apartments at a seasonally adjusted annual rate of 861,000. That was 3 percent less than October's annual...
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