U.S. housing construction rises

Work on homes highest since ’08, boosted by hiring, record rates

Posted: January 18, 2013 at 1:55 a.m.

A carpenter works on a new town house in Des Plaines, Ill., on Monday. Home construction jumped in December, the Commerce Department said Thursday.

U.S. builders started work on homes in December at the fastest pace in 4 1/2 years and finished 2012 as their best year for residential construction since the early stages of the housing crisis.

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Business, Pages 27 on 01/18/2013


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