Housing construction nationwide increased in February, contrary to predictions. Construction of new homes and apartments jumped 22.2 percent in February from January, the Commerce Department reported today. The new home construction rate at the end of February was 583,000 units. Construction activity remains 47.3 percent lower than it was a year ago, but Wall Street still posted gains on today’s news.
|Related Companies proposes office tower in downtown West Palm Beach|
|Flagstone Island Gardens can develop on Watson Island, judge rules|
|South Florida by the numbers: Pushing back the rising sea|
|Who needs parking? Wynwood developers want new rules to encourage small projects|
|Don’t be afraid to shop around for a better mortgage deal|