The United States Commerce Department released its report as housing starts yesterday. United States Housing starts rose to the highest level in more than 4 years since July 2008! The level, 894,000 units or a 3.6% increase.
The housing market recovery has a clear and deep foundation with increased statistics in Home Sales, construction in inventory – all of which indicate prices have nowhere but up to go…the inquiring question is – at what rate? – stay tuned to this blog for the market pulse.