Similar Stories to New Home Construction Rose 8.9 Percent In November on Bing News

The Huffington Post News Team, Huffington Post: Business
Wed, 12/16/2009 - 7:48am

WASHINGTON — Construction of new homes, helped by better weather, rebounded in November following a setback in the previous month. The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession. The Commerce Department says construction of new homes and apartments rose 8.9 percent in November to a seasonally adjusted annual rate of 574,000 units.

Topics: washington construction the commerce department applications november home annual units rate gain economists

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