Building permits see 3.6% bump in November. November building permits were at a seasonally adjusted annual rate of 899,000, 3.6% above the revised October rate of 868,000 and 26.8% above the Nov. 2011 estimate of 709,000, according to the Department of Commerce. Single-family authorizations in November were at a rate of 565,000, 0.2% below the revised October figure of 566,000. Authorizations of units in buildings with five units or more were at a rate of 307,000 in November. PMI slips ...
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