Housing starts leap to 4-year high

Builder-confidence index hits level last seen in May ’06

Posted: November 21, 2012 at 3:42 a.m.

A woman walks past houses under construction in Rancho Cucamonga, Calif., on Sunday. The Commerce Department said housing starts in October rose to a four-year high.

Housing starts in October unexpectedly climbed to a four-year high, the Commerce Department reported Tuesday.

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Business, Pages 25 on 11/21/2012