Article: HOUSING STARTS JUMP 11.6 PERCENT

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Housing starts jump 11.6 percent

WASHINGTON, Jun 18, 2002 (United Press International via COMTEX) - - The Commerce Department said Tuesday that U.S. housing starts posted their largest rise in almost seven years during May, surging 11.6 percent to a seasonally adjusted annual rate 1.73 million units.

The May increase was the largest since July 1995.

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