Housing starts continued at very healthy levels in July, increasing to a seasonably adjusted annual rate of 1.978 million units, the U.S. Commerce Department reported. The pace was 8.3 percent above June’s upwardly revised rate of 1.826 million and 4.5 percent above the July 2003 pace.
“Builders remain confident about the market and expect to maintain a healthy pace through the coming months as we strive to keep up with strong demand for single-family homes and condominiums” said Bobb
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