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Home building jumps in June after dismal spring

Builders broke ground on more single-family homes and apartments in June, helping the battered construction industry gain a little life after a dismal spring.

 

A Bright Spot in the Housing Market

The Commerce Department's report on new home construction is likely to show that multifamily properties is the bright spot in the beleaguered market.

 

Data on industry output, home building boost hopes

Hopes that the economy can sustain its recovery drew support Wednesday from news that industrial ouput rose for a seventh straight month and home construction hit a six-month peak in January....

 

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