US housing starts jumped 35.3 per cent in the northeast, while climbing 13.5 per cent in the South last month. Home construction slumped in the Midwest and West. Photo: AFP
US housing starts jumped 35.3 per cent in the northeast, while climbing 13.5 per cent in the South last month. Home construction slumped in the Midwest and West. Photo: AFP

new | Apartment blocks drive US homebuilding surge in June

Jobs growth and economic rebound increase numbers of buyers and renters searching for homes, giving sluggish construction sector a boost

US housing starts jumped 35.3 per cent in the northeast, while climbing 13.5 per cent in the South last month. Home construction slumped in the Midwest and West. Photo: AFP
US housing starts jumped 35.3 per cent in the northeast, while climbing 13.5 per cent in the South last month. Home construction slumped in the Midwest and West. Photo: AFP
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