Chart of the day: Housing start numbers
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Chart of the day: Housing start numbers
New home construction got a nice bump in October, beating expectations at 1.32 million units. As we reported today, the market was slow to recover from the housing bust, which made builders shy about breaking ground. Rent increases have created a crunch, so new construction is breaking new ground.
Check out more decades of data over at the St. Louis Fed site.
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