Getting your player ready...
WASHINGTON — Homebuilders started projects in September at the fastest pace in 17 months, a hopeful sign for the economy.
Most of the gain was driven by a surge in volatile apartment construction. That could help create jobs and boost economic growth, but it doesn’t signal a comeback for the depressed housing market.
Single-family home construction, which represents nearly 70 percent of homes built, rose only slightly. And building permits, a gauge of future construction, fell to a five-month low.
