housing starts

November 20, 2012 - 2:34 PM
In this Friday, Oct. 12, 2012, photo, workers construct a new home in Chicago. U.S. builders started construction last month on the most single-family homes and apartments since July 2008, more evidence that the housing recovery is gaining momentum. The Commerce Department says housing starts jumped 3.6 percent in October from September to a seasonally adjusted annual rate of 894,000. Single-family home construction dipped 0.2 percent after hitting the fastest rate in four years in the previous month. (AP Photo/Nam Y. Huh)