New Home Construction Report - WAOW - Newsline 9, Wausau News, Weather, Sports

New Home Construction Report

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(CNN)--Some positive financial news was released today (Tuesday).

New home construction shot up last month, according to data released by the government.

The Commerce Department says the number of new homes being built increased nearly 15-percent in June.

That's the biggest boost seen since January, and it's much higher than analysts had predicted.

Building permits also increased last month by two-and-a-half percent.

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