Monday, November 20, 2006

U.S. Housing Market Took a Huge Hit in October

The U.S. housing market took a huge hit in October as construction of new homes and apartments dropped by more than 14 %, representing the biggest drop the U.S. housing sector has had in more than 6 years.

The U.S. housing market has continued to drag on the overall U.S. economy this year.


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