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Florida Real Estate News – Housing starts rebound 8.3% in June to four month high

Florida Real Estate News – Housing starts rebound 8.3% in June to fourmonth high In May, experts wondered if the drop in housing starts was an anomaly, and June’s surge suggests that it was. In addition, building permits rose 7.4%. Housing starts rebound 8.3% in June to four-month high WASHINGTON (AP) – Homebuilders ramped up construction in June to the fastest pace in four months, led by surges in the Northeast and Midwest. Housing starts climbed 8.3 percent in June to a seasonally adjusted annual rate of 1.22 million, the Commerce…

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Florida Real Estate News – Home starts surge – but not for singlefamily homes

Florida Real Estate News – Home starts surge – but not for single-family homes WASHINGTON (AP) – U.S. builders ramped up home construction in December, led by a surge of apartment building, while single-family houses lagged. Housing starts jumped 11.3 percent last month, to a seasonally adjusted annual rate of 1.2 million, the Commerce Department said Thursday. The figures are volatile month to month: Starts plummeted in November after a big gain in October. Apartment construction soared 53.9 percent last month, while single-family housing starts fell 4 percent. The figures…

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