Housing Starts Fall Again

Housing starts fell 16.8% last month to a seasonally adjusted annual rate of 466,000, the Commerce Department reported today.

By Claude R. Marx | Updated on February 17, 2009

Housing starts fell 16.8% last month to a seasonally adjusted annual rate of 466,000, the Commerce Department reported today.

January’s figures represent a 56.2% decline since January 2008. In December, housing starts fell 15.5%.

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