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US housing starts up but analysts remain cautious

15.7% rise in July is from apartments, which attract lower income renters

[NEW YORK] The housing market in the United States roared in July, but investors may want to tiptoe rather than jump into the sector, analysts and fund managers say.

That is because much of the 15.7 per cent increase in new home construction in July, the first gain in two months, came...

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