By Bob Willis
May 19 (Bloomberg) -- Builders probably broke ground on more homes in April after starts plunged to a near-record-low level the month before, amid signs the housing slump now in its fourth year may be reaching a bottom.
Housing starts increased 2 percent to an annual rate of 520,000 last month, according to the median forecast of economists surveyed by Bloomberg News. Building permits, an indication of future activity, probably rose 2.7 percent to a 530,000 level, the survey showed.
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