Housing starts rose in April

Housing startsHousing recovery could be finding traction after a slow first quarter

By Anna Louie Sussman and Ben Leubsdorf | The Wall Street Journal

Home building in the U.S. rebounded in April, a sign the housing recovery could be finding traction after a slow first quarter.

Housing starts rose 6.6% from a month earlier to a seasonally adjusted annual rate of 1.172 million in April, the Commerce Department said Tuesday.

The uptick was driven by a jump in starts in the Midwest, and a pickup in multifamily construction. Demand for housing has been steady, bolstered by historically low interest rates and ongoing job creation.

Continued:

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
May 2016
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031