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Louis Brown’s Street Smart Systems » Austin new home construction down 34% in ‘08
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post Austin new home construction down 34% in ‘08

December 31st, 2008

Filed under: News — Louis Brown @ 3:19 pm

New home starts and closings declined considerably in 2008, but employment numbers and a slight reduction in the vacant developed lot supply were a bright spot for the Austin area in 2008, according to a report released Wednesday from Residential Strategies Inc.

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