New home construction up, other indices down

July 23, 2012 - 12:00 AM
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In June, builders put up more new homes than any other month in four years. It's a long-awaited recovery that could help energize the U.S. economy.

The improvement has been gradual, but this week those numbers coincided with strong home-builder confidence and higher stock prices for building companies.

Ingrid Beckles discussed that and other real-estate issues with Capital Insider.

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