US housing construction expected to rise this year after ending 2012 as best year since 2008

  • Article by: MARTIN CRUTSINGER , Associated Press
  • Updated: January 18, 2013 - 1:03 AM

WASHINGTON - The aftermath of the housing bust forced many homebuilders to dramatically scale back construction on new homes to avoid the risk of ending up saddled with a trove of newly built, yet unsold properties.

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