Single-Family Starts Strong in December
The seasonally adjusted annual pace of single-family starts came in at 728,000 units for December. This figure is the highest level since March 2008 and a positive sign for the, thus far, uneven housing recovery. While opinions on housing market performance for 2015 are mixed at best, the strong starts number certainly adds to the bullish view.
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December Data Bodes Well for Housing
Single-family building permits, housing starts and new home sales all posted strong numbers in December in an indication that the new home housing market is headed on a sustainable upward
