Smoke: Increase in Home Starts Give Middle-Class Home Buyers a Chance

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May 20, 2015

According to Realtor.com Chief Economist Jonathan Smoke, the 20.2 percent housing start increase from March to April  might loosen up the tight market.

“This increase in single-family starts in April should bode well for a significant increase in new-home sales in April as well,” Smoke said. “We should see stability in multifamily but a return to growth in single-family that outpaces multifamily.”

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