Analysts are worried the slump in housing starts caused by stricter inspections will slow economic growth.
Credit Suisse Group lowered its growth estimate to 1.7 percent for the year ending March 31, down from the previous forecast of 2.9 percent, citing a drop in residential investment. Macquarie Bank Ltd. expects the expansion to slow to 1.9 percent, compared with a prior projection of 2.5 percent.
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