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Home Building on the Rise
More evidence tonight - the housing market is bouncing back.
A government report shows the pace of home building gained steam in may.
The report found -- the number of housing starts rose 7% last month.
The rise was almost all attributed to a jump in buildings with five or more housing units.
This is just the latest in a string of positive housing market news.
Other recent reports have noted a drop in foreclosures, a steady rise in home prices and an increase in sales of both new and previously-owned homes.