Read the Latest News from the National Association of Home Builders
"Starts and Permits over One Million
Housing starts exceeded one million for first time since last year and housing permits were over one million for a third consecutive month. The increases were almost entirely in multifamily rental construction.
Multifamily construction soared 40% to 423,000 starts, the highest since January 2006 and permits also rose 20% to 478,000, the highest in almost six years. Multifamily starts were particularly strong in the Midwest where they more than doubled from an unusually low 42,000 to 100,000."
Read more:
http://eyeonhousing.org/2014/05/16/starts-and-permits-over-one-million/
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