The Department of Census said privately owned housing starts in December were at a seasonally adjusted annual rate of 1.089 million, 4.4% above the revised November estimate of 1.043 million and 5.3% above the Dec. 2013 rate of 1.034 million. Single-family housing starts in December were at a rate of 728,000, 7.2% above the revised November figure of 679,000. The December rate for units in buildings with five units or more was 339,000. An estimated 1.005 million housing units were ...
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