Industry News

Home construction surges to 25-year high

West, South report strongest gains in 2003
Published on Jan 21, 2004

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New-home construction for 2003 increased to 1.848 million units, the highest in 25 years, and 8.4 percent above the number of housing starts for 2002, the Commerce Department reported today. For December, the nation’s home builders ramped up the pace ...