According to recent data, the housing industry experienced a surge in single-family authorizations in November. The rate of authorizations reached 976,000, marking a modest 0.7% increase from the revised October figure of 969,000. This development reflects positive momentum in the market, hinting at potential growth and stability in the housing sector.

Key Points:
– Single-family authorizations in November rose to 976,000
– The figure represents a 0.7% increase from the revised October number
– The data suggests a positive trend and potential growth in the housing industry

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