StockMarketWire.com - US housing units authorized by building permits rose 5% in November to 1,328,000, according to the Census Bureau.

The figure beat market expectations for a more modest rise to around 1,270,000, from a revised October rate of 1,265,000.

Housing starts in November rose 3.2% to 1,256,000, beating market expectations for 1,230,000.


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