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Housing Starts Rise in January 2010

According to the latest figures from the U.S. Commerce Department, nationwide housing production hit its strongest pace in the last six months this January, posting a 2.8% gain to a seasonally adjusted annual rate of 591,000 units.

"Builders are starting to see the positive impacts of home buyer tax credits and other favorable buying conditions in terms of consumer demand, and are cautiously increasing production to meet that demand," said National Association of Home Builders Chairman Bob Jones.

Read more at RISMedia.




Posted on February 22, 2010 11:49:19 by Blog Author IPTV.Boyz http://www.brokeriptv.com/housing-starts-rise-in-january-2010

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