Builders in the U.S. broke ground in September on fewer houses than anticipated and building permits dropped, signaling the market will slow once government incentives have elapsed.
Housing starts rose 0.5 percent to an annual rate of 590,000 from a 587,000 pace in August that was lower than previously estimated, figures from the Commerce Department showed Tuesday. Permits, a sign of future construction, fell for the second time in the past three months.
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