Tue, 26 Nov 2013 17:03:08 GMT
U.S. building permits soar to a highest level in five-years
The U.S. building permits surged 6.2% in October, issuing the most applications in a five-year time. The U.S. home-builders took out 1.03 million permits, compared with previous month when there were issued 974,000 applications. The most significant increase was for the multifamily category, which advanced 15.3% to a 414,000.