Housing Recovery Continues, NAHB Reports

December 26, 2014

Housing data for construction activity in November indicate builder confidence remains positive, the NAHB reports.

 

The pace of total November housing starts was down slightly – by 1.6 percent – from an upwardly revised October number. But the NAHB further notes that there are improvements elsewhere, such as total housing starts recording a post-recession high on a three-month moving average basis, reaching above a one million annual rate for three consecutive months.

 

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