Housing starts in April were at a seasonally adjusted annual rate of 1.032 million, up 8.2% from the revised March estimate of 0.95 million, but is 30.6% below the revised April 2007 rate of 1.5 million. Single-family housing starts in April were at a rate of 692,000, down 1.7% from the March 704,000 units. The April rate for units in buildings with five units or more was 326,000. |
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