WASHINGTON (AP) -- Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. The Commerce Department reported Friday that...

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WASHINGTON -- Construction of new homes in the U.S. posted the biggest increase in more than two years in April, a rare bit of good news in what has been the worst downturn in housing in more than two decades. The Commerce Department reported...
Construction of new homes posted the biggest increase in more than two years in April. While it was a rare spot of good news for the housing market, analysts said it's far too soon to declare an end to the prolonged...
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The Commerce Department this morning reported that housing starts rose to a seasonally adjusted annual rate of 1.032 million in April, an 8.2% increase from March. Economists, on average, predicted housing starts to drop to 939,000. However, the...