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Sunday, October 30, 2011
September housing starts decline in six months, to 74.5 million units annualized value
According to a survey by the Ministry of Land, housing starts in September was 42,060,006 units, down 10.8 percent from a year earlier. Decline in six months. Adjusted for seasonal factors, the annual rate dropped to 74.5 million units significantly. For this background, the ministry is "tough jobs, the environment as well as income can be considered as potential concerns about the downside of the economy" and ...September housing starts decline in six months, to 74.5 million units annualized value
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