Homebuilding On the Rise in January

New housing and apartment construction was up 2.8 percent in January, according to the Commerce Department. That's 591,000 new units.

NPR reports that "Wednesday's housing report also revised activity for December to reflect that builders were starting construction at an annual pace of 575,000 units during the month - much stronger than the 557,000 originally reported."

Full Story: Double-Barreled Gains In Housing, Industrial Output

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