Saturday 22 September 2012

NAHB- Housing Production On Rise

Housing production has risen 2.3 percent nationwide to a seasonally adjusted annual rate of 750,000 units in August, according to new figures from HUD and the U.S. Census Bureau. This increase was fueled entirely by gains in the single-family sector, where the pace of new construction rose in every region for a combined 5.5 percent gain to 535,000 units.

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