Housing Starts Move To 2-Year High
By Jon Klein, Search Parkland Homes for Sale - Parkland FL
(Real Living 1st Choice Realty)
The new construction housing market continues to make gains. Wednesday, the U.S. Census Bureau reported Housing Starts for single-family homes up 5.5 percent in August to a seasonally-adjusted, annualized count of 535,000 units nationwide. The report marks the fifth month of six that single-family starts increased, and marks the highest starts tally since April 2010 -- the last month of that year's federal homebuyer tax credit program. A "housing start" is a new home on which construction has started and the steady growth in single-family homes starts suggests a stronger FL housing market into 2013. All four U.S. regions showed single-family housing start growth on both a monthly basis and on an annual one : Northeast Region : 4.5% monthly growth; 31.4% annual growth Midwest Region : 1...
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