US housing starts hit 16-year low
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The number of single-family homes homes being contructed in the US hits its lowest level since April 1991.
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Sales of new homes hit a 12-year low, falling short of even the most skeptical Wall Street estimates.
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Home building projects started in November fell by 3.7 percent as the pace of single-family home construction was the slowest in more than 16 years, a government report on Tuesday showed.
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Sentiment among U.S. home builders slid in June to the lowest level in more than 16 years as tighter lender practices and rising mortgage rates crimped sales, the National Association of Home Builders said on Monday.
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US home builder sentiment slid in July to its lowest since January 1991 as fallout from the housing slump and subprime mortgage crisis caused a glut of new homes, the National Association of Home Builders said yesterday .
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U.S. housing starts fell more  sharply than expected to the lowest rate in more than three  years, while core producer prices dipped unexpectedly,  according to government reports on Tuesday that confirmed a  fast-cooling economy.
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Housing construction fell in November, with single-family activity dropping to the lowest level in more than 16 years. Analysts said the recession in housing showed no signs of a turnaround.
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Sentiment among U.S. home builders  slid in June to the lowest level in more than 16 years as  tighter lender practices and rising mortgage rates crimped  sales, the National Association of Home Builders said on  Monday.
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Most stocks fell Monday for the first time in four days after confidence in the home building industry dropped to a 16-year low.
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Housing starts fell 3.7 percent in  November, with construction of single-family homes sliding to  the lowest level in more than 16 years as builders scrambled to  cope with a deep drop in sales.
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The number of newly-built US homes fell to the lowest level for nearly a decade in January, official figures show.
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Sales of existing US homes fell 8% in September, the biggest decline in 16 years, a report shows.
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U.S. mortgage applications sank last week to the lowest level since the end of last year despite falling borrowing costs, an industry trade group said on Thursday.
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The US housing market remains sluggish, with sales of existing homes at their lowest level in four years.
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The pace of US homebuilding fell to its slowest rate in more than 16 years during December, figures show.
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Pending sales of existing U.S. homes  in April unexpectedly fell to its lowest since February 2003,  data from a real estate trade group showed on Friday.
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Concern about the US housing market returns as a key survey shows sales have fallen to a near five-year low.