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Reuters: August home starts seen at lowest level in 17 years

Started by chris, September 17, 2008, 10:00:28 AM

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chris

August home starts seen at lowest level in 17 years
      


WASHINGTON (Reuters) - A record rate of foreclosures probably kept many U.S. home builders off the job last month, pushing the rate of groundbreaking for new homes to its lowest level in more than 17 years, a Reuters poll showed.
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