Housing Starts Grow in November (CNBC)

The Commerce Department released a report today saying that November housing starts increased to the highest level seen since February 2008. Mortgage rates, which had increased due to anticipated tapering earlier in the year, had depressed the housing market, with slower starts seen in September and October. Homebuilder confidence also rose in December, which is a good sign for the overall housing market.

Adrienne Minor

Adrienne Minor is an editorial assistant for Eagle Financial Publications. She writes, edits and posts articles for the website, as well as edits and assists in the online distribution of Eagle’s investment newsletters, trading alerts, e-letters and other reports. Adrienne's special investing interests are in mobile technology and consumer spending.

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