U.S. housing starts fall in June for the second straight month

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The numbers: Construction started on new U.S. homes fell a seasonally adjusted 2% in June to 1.56 million, the Commerce Department said Tuesday. The annual rate of total housing starts fell 6.3% from the previous year.

Construction on homes is at the lowest level since last September.

Economists polled by the Wall Street Journal expected…

This article was originally published by Marketwatch.com. Read the original article here.

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