Housing Recovery? Starts And Sales Of Existing Units Hit Two-Year Highs |
| September 20, 2012 | September 2012 Bond Updates |
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The housing market has been one of the key factors that's been absent in the broader, albeit tepid, U.S. economic recovery. Recent data suggests residential real estate is on its way to a gradual recovery, as Wednesday’s single family home starts and used home sales showed, which hit their highest levels in more than two years. This may be the beginning of a gradual, and difficult, recovery for what was the epicenter of the global financial crisis. |
| View more at: http://www.forbes.com/sites/afontevecchia/2012/09/19/sizing-up-the-housing-recovery-as-starts-and-sales-of-existing-units-hit-two-year-highs/ |
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