December Hot Sheet

Image for December Hot Sheet

“Single-family and multifamily starts are at five-year highs, providing additional evidence that the recovery is here to stay. We hit a soft spot this fall when interest rates jumped and the government closed down, but mortgage rates still remain very
affordable and pent-up demand is helping to boost the housing market. We expect a continued steady, gradual growth in starts and home sales in 2014.”

NAHB Chief Economist David Crowe