WASHINGTON, D.C. – March 20, 2012 – (RealEstateRama) — Nationwide housing starts edged down 1.1 percent to a seasonally adjusted annual rate of 698,000 units in February, according to newly released figures from the U.S. Commerce Department. This was the second-best pace of new construction since October of 2008 following an upwardly revised 706,000-unit pace in January.
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