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Housing starts dropped 17 percent in February to a seasonally adjusted annual rate of 897,000. This is 3.3 percent below the February 2014 rate of 928,000. The Northeast and Midwest region saw the biggest drop in starts at 56.5 percent and 37 percent. The West region saw the least starts drop at 18.2 percent.
Read More »Housing Starts Rate Drops to Lowest Figure in Years
