From another article:
http://biz.yahoo.com/ap/071120/economy.html?.v=10
“all of the strength came in the volatile apartment sector, which jumped by 44.4 percent. Construction of single-family homes fell for a seventh straight month, declining by 7.3 percent in October compared to September.”
Somebody is betting all the folks that lose there homes are going to want to find a place to rent.
Probably a good bet.
See post 33