Home builders have best year since 1978 - 2004-01-21
Residential construction activity picked up in December, making all of 2003 the best year for home builders in a quarter-century and highlighting the critical role the sector played in the economy's resurgence.
Economists believe the housing market probably will slow a bit this year - but still register healthy activity - based on expectations that long-term mortgage rates probably will creep higher later this year.
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