New Residential Construction

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02/16/2011 - 8:30am

Building permits in January 2011 were 562,000, down 10.4 percent from December 2010 and down 10.7 percent from January 2010. Housing starts were 596,000 in January 2011, up 14.6 percent from the prior month, but down 2.6 percent from the prior year.