January apartment building dips 24%

Posted: February 21, 2013 at 12:04 a.m.

U.S. homebuilders began work at a slower pace in January than in December. But all of the drop occurred in the volatile area of apartment construction, which sank 24 percent. By contrast, the rate of single-family homebuilding rose 0.8 percent.

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Business, Pages 5 on 02/21/2013