Nationwide housing production rose 8.9 percent to a seasonally adjusted annual rate of 574,000 units in November, according to figures released by the U.S. Commerce Department. The gain represented a partial bounce-back from an exceptionally slow month for housing activity in October, and was largely attributed to a big increase on the multi-family side.
“The fact that both starts and permits for new housing production rose last month is a good sign that we’re headed in the right dire
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