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Archive Home > 2008 > November > 20 > New home construction sinks to new record low

New home construction sinks to new record low


November 20, 2008

WASHINGTON — Construction of new homes plunged last month to the lowest level on records going back nearly 50 years as U.S. builders slashed production while Wall Street nosedived. Embattled homebuilders, who enjoyed a five-year boom, are now building new homes and apartments at a....

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