
Begin?
What starts it?
Housing starts indicates the number of private homes began construction of a period of a month. Housing starts on the last report was published in November. In November, the construction of privately owned homes fell by 3.7 percent October levels. The report also showed that housing starts were 24.2 percent below the 2006 level in November. This number helps determine many things, including what happens in the economy. It can affect mortgage rates daily. We see numbers in December in the next week or so.
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