For the year, builders started 923,000 homes and apartments, up 18.3 percent from 2012.
January 17, 2014 at 08:00 AM
1 minute read
U.S. home construction slowed in December but ended 2013 with the best showing since the housing bubble burst.
The Commerce Department said Friday that builders broke ground last month at a seasonally annual rate of 999,000. That’s 9.8 percent lower than November’s pace of 1.12 million, which was the fastest in five years.
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