Construction of new homes surged in Aug.

<p>… the much larger single-family homes sector. Pulling the figures up… of the market. Single-family homes, which represented about 73 percent… with weak demand for new homes caused by high unemployment and… the high number of vacant homes, mounting expectations of renewed price…,000. Lennar Corp., a major builder based in Miami, said Monday… signing agreements to purchase its homes fell 15 percent from a…

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Construction of new homes surged in Aug.

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