U.S. housing starts climbed in August

September 19, 2012 | Filed under: AM Roundup | Posted by:
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U.S. housing starts climbed 2.3 percent in August, a bright spot in the economy, said Bloomberg.

It’s the strongest pace of new family construction in two years, and shows a recovering real estate market.

Mortgage rates are at all-time lows, and cheaper properties are driving sales.

Read more at Bloomberg.