New-home construction in the U.S. jumped more than forecast in March as multifamily projects climbed to the highest level in more than seven years. Starts climbed 7 percent to a 1.04 million annual rate, the most since June 2008, following a revised 968,000 annual rate in February that was larger…

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Housing Starts in U.S. Surge on Seven-Year High for Multifamily
