Housing starts rise 2.3 percent as permits decline

Builders in the U.S. unexpectedly started work on more homes last month while permits for future construction fell to the lowest level in a decade, suggesting a recovery from the housing slump may not be quick. Housing starts rose 2.3 percent to an annual rate of 1.467 million, led by an increase in apartment buildings, the ...

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Housing starts rise 2.3 percent as permits decline

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