Construction of new US homes slowed sharply in April following a March surge, but new building permits rose, amid a bumpy recovery in the housing sector, official data showed Thursday.Housing starts plummeted 16.5 percent from March to an annual rate of 853,000, but were up 13.1 percent from a year earlier, according to seasonally adjusted Labor Department figures.It was the first decline in starts in two months and the drop was steeper than the 970,000 rate expected by analysts...
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