Housing Starts Up Showing Glimmer Of Hope

The Commerce Department reported a rise of 0.3% in housing starts, amounting to a seasonally adjusted annual rate of 610,000 in September, up from 608,000 in August. Single family starts rose 4.4% in September, while multi-family dwellings fell by 9.7%. It was the largest number of new homes being built in five months, and marked a 4.1% [...]