According to a report by the U.S. Commerce Department, construction of new houses and apartments has risen to a two-decade high by increasing 4.7 percent in January, according to an Associated Press report in the Chicago Sun-Times.
In January, construction began on 2.16 million units, up from a rate of 2.06 million units in December.
The report on housing showed that construction of single-family homes rose 2.7 percent, while construction of apartments was up 14 percent.
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