New home building unexpectedly rebounded across the country last month as builders increased their housing starts to a 583,000 annual pace from a record low of 477,000 set in January.
The Commerce Department reported March 17 that starts of new homes in the South jumped 30 percent last month compared to the month before, but they were still 44 percent below home starts in the South one year ago.
Full Story : http://orlando.bizjournals.com/orlando/stories/2009/03/16/daily20.html?ana=e_du_pub
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