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06/19/2012 - 8:30am
Building permits in May 2012 were at a seasonally adjusted annual rate of 780,000, up 7.9 percent from the revised April rate and up 25.0 percent from May 2011. Housing starts in May 2012 were at a seasonally adjusted annual rate of 708,000, down 4.8 percent from April’s revised estimate, but up 28.5 percent from May 2011.
