Housing starts in the US rose more than expected during April to reach a seasonally-adjusted 1,032,000, the US Department of Housing and Urban Development reported on Friday.
While the figure was still 30.6 per cent below that of April 2007, it represented a significant 8.2 per cent rise from the revised March figure of 954,000.
To continue reading the rest of this article, please log in.
Looking for more benefits? Become a Premium Member.
Create free account to get unlimited news articles and more!
Looking for more benefits? Become a Premium Member.
Published: 19-05-08