Tuesday, March 22, 2016

Single Family Housing Starts at Highest Levels Since 2007 in U.S.

According to the U.S. Department of Housing and Urban Development and the Commerce Department, nationwide housing starts rose 5.2 percent to a seasonally adjusted annual rate of 1.178 million units in February 2016. Single-family production increased 7.2 percent to 822,000 units--its highest level since November 2007--while multifamily starts remained virtually unchanged, inching up 0.8 percent to 356,000 units.
from Century 21 Eudan Realty-Rutherford http://ift.tt/21FXQCC

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