New Housing Construction Up 0.5% in July
Spending on new housing construction was $4.2 billion in July, up 0.5% from the same month a year earlier.Nationally, the gain came from higher investment in apartment and apartment-condominium building construction, which increased 17.5% to $1.4 billion and also, to a lesser extent, in row house construction, which rose 6.3% to $395 million…