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Building permits at highest rate since 2008

Building permits have climbed to the strongest rate since 2008.

The Census Bureau reports building permits went up 7.9 percent. A June National Association of Home Builders survey mirrored the government data, showing that builder confidence rose to its highest level, since 2007. 

But analysts say the housing market is still struggling with weak home prices and a recent uptick in foreclosures.

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