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Posted May 19, 2010

Housing starts up in April

Privately owned housing starts in April were at a seasonally adjusted annual rate of 672,000.


This is 5.8 percent above the revised March estimate of 635 000 and 40 9 percent above the revised April 2009 rate of 477 000.

Single-family housing starts grew 10.2 percent in April to a rate of 593,000. The April rate for units in buildings with five units or more was 68,000.

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