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Article: September housing starts best since 1978. (Trends & News).(Brief Article)
- Article from:
- Wood & Wood Products
- Article date:
- November 1, 2002
CopyrightCOPYRIGHT 2002 Vance Publishing Corp. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The number of housing starts increased by 13.3% in September to a seasonally adjusted annual rate of 1.84 million units, the highest it has been in 24 years.
The National Association of Home Builders said that while the rate of housing starts is probably unsustainable in the short term, it expects nearly 1.7 million housing starts for 2002, up 5% from ...