10,000 = 50

July's Home Starts Highest Since 1986 (Reuters, August 19, 2003)

U.S. home builders broke ground on new houses in July at their fastest pace in almost 20 years, the Commerce Department said on Tuesday in a report showing rising mortgage rates have yet to slow the housing market.

Posted by Orrin Judd at August 19, 2003 9:16 AM