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Despite December falloff, '05 home building boomed Construction of single-family houses surged to its second-highest level on record in 2005, but construction activity fell sharply in December, sending another signal that the nation's long housing boom is
MFA Mortgage Investments hold, target price raised (New Ratings) NEW YORK, May 5 (newratings.com) - In a research note published yesterday, analyst Stephen Laws of Deutsche Bank Securities maintains his "hold" rating on MFA Mortgage Investments Inc ( MFA.NYS
Construction of new homes and apartments rebounded in October by the largest amount in eight months but the unexpected increase was not viewed as a signal of a housing turnaround.
The Commerce Department reported Tuesday that housing construction rose by 3 percent in October, the first increase after three months of declines and the biggest advance since a 6 percent rise last February.
However, all of the strength came in the volatile apartment sector, which jumped by 44.4 percent. Construction of single-family homes fell for a seventh straight month, declining by 7.3 percent in October compared to September. Read more
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