House-building in U.S. declines to the lowest in a year

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/AP
Housing starts in the U.S. unexpectedly decreased in June to the lowest since August 2012. Number of construction starts dropped 9.9%, a larger decline than any expert expected. The decline in activity in June came even as home builders sentiment index increased from 51 to 57 in July, a seven-year high. The rate for a 30-year mortgage advanced 4.51%.
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Wed, 17 Jul 2013 15:38:06 GMT

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