Building Permits Increase as U.S. Housing Rebounds:

Building Permits Increase as U.S. Housing Rebounds:

David Paul Morris/Bloomberg

Permits, a proxy for future construction, climbed 3.6 percent to an 899,000 annual rate, the most since July 2008 and exceeding the 875,000 median forecast of 58 economists surveyed by Bloomberg, Commerce Department figures showed today in Washington.