"U.S. housing construction showed unexpected gains in February, but economists warn that the battered sector may suffer more before hitting bottom.
The Commerce Department said Tuesday that construction of new homes and apartments jumped 22.2% in February compared with January, pushing activity to a seasonally adjusted annual rate of 583,000 units.
The positive report contributed to a stock market rally that pushed the Dow Jones industrial average up 179 points, or 2.5%, to 7396."
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Home-building boom likely a blip
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