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The two monthly reports that measure the health of the home construction industry were released this week. The U.S. Census Bureau and U.S. Department of Housing and Urban Development issued its report on housing starts in June and the National Association of Home Builders in conjunction with Wells Fargo...
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It does appear that the housing bubble is, if not bursting, at least no longer expanding. For the second month in a row data from the U.S. Census Bureau and the U.S. Department of Housing and Urban Development indicates that builders at least are pulling back from the enthusiastic pursuit of home building...