Builders Started Fewer Homes Last Month; Stocks Could End Prolonged Rally

Builders Started Fewer Homes Last Month; Stocks Could End Prolonged Rally: Builders broke ground on fewer homes last month, suggesting the housing market recovery is taking time to form. Contractors began some 698,000 new homes, a 1.1% decrease from a month ago. This met economists? expectations. However, building permits, a measure of future housing growth, expanded by 5.1%, the Housing Department said this morning. Both figures ...