New-Home Building Soars 15% in September
Last month, home building was at its fastest pace in 17 months, rising 15 percent from August and posting the new-home sector’s best pace since April 2010, the Commerce Department reported Wednesday. In September, single-family home building increased 1.7 percent, while apartment building jumped 53.4 percent. Builders began work on a seasonally adjusted 658,000 homes...