Home building faltered in November, but broader trends point up

By Jonathan House and Kris Hudson | Wall Street Journal

U.S. home building faltered in November, a reminder of the headwinds that persist even as the broader housing market has shown new signs of strength in the final stretch of the year.

Overall housing starts—including apartments and other multifamily dwellings—fell 1.6% in November to a seasonally adjusted annual rate of 1.028 million units, but have held above 1 million mark for three consecutive months, the Commerce Department said Tuesday.

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December 17, 2014

construction, home building, November, single family home.

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