October was another good month for housing construction in New Jersey, with a surge in issued permits that follows last June's 27-year high for permits in one month.
Superstorm Sandy recovery funding is contributing to the construction of a 72-apartment complex in Toms River that will cater to Sandy victims as well as individuals with special needs, just one of many affordable housing projects in line for federal dollars.
U.S. homebuilders began work at a slower pace in January than in December. But all of the drop occurred in the volatile area of apartment construction, which sank 24 percent. By contrast, the rate of single-family homebuilding rose 0.8 percent.