WASHINGTON -- New home construction posted another solid gain in October, pushing housing starts to their highest level in nearly four years, the government reported yesterday.

Economists said the increase reinforced their view that the home-building sector will continue to strengthen in the coming months thanks to stronger overall growth in the economy while interest rates remain relatively low.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.