Mar
16
Housing Starts in U.S. Climbed to Four-Month High in February
ByBeginning construction of U.S. houses climbed to a four-month high in February, led by the strongest pace of single-family homebuilding in nearly a decade.
Residential starts advanced 3 percent to a 1.29 million annualized rate, a Commerce Department report showed Thursday. The median forecast of economists surveyed by Bloomberg was 1.26 million. Construction of one-family dwellings rose 6.5 percent to an 872,000 pace, the fastest since October 2007…
Housing Starts in U.S. Climbed to Four-Month High in February
