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HOUSING STARTS FALL 10.2 PERCENT

Nationwide, the pace of home construction fell 10.2 percent in September to 1.191 million units, compared with 1.327 million in August, according to the latest data from the U.S. Census Bureau and the U.S. Dept. of Housing and Urban Development. Applications for building permits in September, a leading indicator of future activity, dipped 7.3 percent to 1.226 million units, compared with 1,322 million in August.

Written by Keith Byrd - Go to Keith's Website/Profile