CONSTRUCTION SPENDING HITS 17-MONTH HIGH IN NOVEMBER WITH MONTHLY GAINS IN ALL SEGMENTS BUT PUBLIC SPENDING DOWN 5.3 PERCENT COMPARED TO LAST YEAR

WASHINGTON, D.C. – January 3, 2012 – (RealEstateRama) — Both Single- and Multifamily Homebuilding Improve from October and Year Ago; Private Nonresidential Increases from November 2010 are Widespread; Most Public Categories Drop from Year-Earlier Levels<