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Home construction slips in January (access required)

WASHINGTON  — U.S. homebuilders slowed the pace of construction in January, breaking ground on fewer single-family houses ahead of the spring buying season. Housing starts slipped 2 percent to a seasonally adjusted annual rate of 1.07 million last month, down from 1.09 million in December, the Commerce Department said Wednesday. Leading that decline was a sharp 6.7 ...

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