New-home construction plunges in February
New-home construction plunges in February By The Associated Press Published Mar 16, 2011 07:30AM MDT WASHINGTON • Builders broke ground last month on the fewest homes in nearly two years, a reflection of declines in home prices and diminished demand that has made it difficult for them to compete. The Commerce Department says home construction plunged to a seasonally adjusted 479,000 homes last …

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