Housing Starts in U.S. Decreased in April to Five-Month Low

Starts of new homes in the U.S. fell more than forecast in April to a five-month low, indicating a pause in the industry’s progress as builders slowed work on apartments. Building permits surged to an almost five-year high. Housing starts slumped 16.5 percent, the most since February 2011, to an …

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Housing Starts in U.S. Decreased in April to Five-Month Low

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