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.
About author
You might also like
Los Angeles Housing Market Continues to Show Strength
Housing prices in greater Los Angeles rose 4.8% from the prior quarter while sales improved by 6.5% with houses staying on the market an average of five days. The median
Middle-class Workers in California are Struggling to Find Homes They Can Afford
By Kevin Smith – Oscar Sol has spent the past five months searching for a home he can afford to buy. But so far, he has struck out. “I’m looking
A Housing Pullback In 2017?
According to data compiled by the Federal Reserve Bank of New York, the 10-year term premium moved above zero for the first time in 10 months on the 14th of
