December Housing Starts Fall From November But Cap Best Year Since 2007
January 17, 2014 at 16:00 PM EST
The Commerce Department reported on Friday that housing starts fell sharply in December, marking the largest percentage decline since April. December housing starts fell 9.8 percent to a seasonally adjusted annual pace of 999,000, beating analyst expectations of 0.990M. Groundbreaking for single-family homes fell seven percent to a 667,000-unit pace for