Based on an article from the National Association of Home Builders (NAHB), nationwide housing trends turned around in February 2009, posting a 22.2% gain on housing starts. On a regional level, the Midwest posted an outstanding 58.5% gain!
Building permits, which tend to be an indicator of future building activity, rose 3% overall and 11% in single-family permits. “Builders did pull a larger volume of single-family permits in February, suggesting a glimmer of hope for the prime home buying season, which is near at hand,” said NAHB Chairman Joe Robson.
Information for this article was derived from www.NAHB.org.
For more information on the new homes in Cleveland, call Scott Phillips at 216.373.6959 or email ScottPhillips@howardhanna.com.
skip to main |
skip to sidebar
Cleveland New Homes Guide
Posts
No comments:
Post a Comment