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LATEST US DATA

Housing starts fall 8.2% in December

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December's moderation in homebuilding is likely to be temporary amid strong demand for housing that is being driven by a robust labour market.

Washington 

US homebuilding fell more than expected in December, recording its biggest drop in just over a year, amid a steep decline in the construction of single-family housing units following two months of hefty gains.

Other data on Thursday showed the number of Americans filing...

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