18-12-2018 14:34 via kvoa.com

US home construction rose last month, led by apartments

WASHINGTON (AP) — U.S. developers broke ground on more homes last month, but the increase occurred entirely in apartments. The construction of new single-family houses fell.
The Commerce Department said Tuesday that housing starts rose 3.2 percent in November from the previous month to a seasonally adjusted annual rate 1.26 million. That is 3.6 percent below a year ago. Single-family starts dropped 4.6 percent in November and are down 13.1 percent from a year earlier.
Some of the data have
Read more »