US Housing starts rebounded 22% in Feb. Could this be the beginning of the bottom nationally? Many analysts are thinking so, only time will tell. The starts are mostly for multi-family, as the rental market is surging. But building permits also rose and so did single family permits. Locally, we have been seeing a flatlining of price drops, the national number reflecting this is a good indicator that the country may be seeing this bottom.
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Showing posts with label housing starts surge. Show all posts
Showing posts with label housing starts surge. Show all posts
Tuesday, March 17, 2009
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