Home Textiles Today - September 1, 2003
Features
Existing homes, starts jump in July
NEW YORK—Still riding high despite a modest uptick in interest rates, the broad U.S. housing market remained relatively strong during July as sales of existing homes rose to a record high and housing starts climbed to their highest level in 17 years. The only blip in the monthly picture was the highly volatile measure of new home sales — subject to frequent wide swings — whic...
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