The new construction housing market continues to improve. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month last month. In April, on a seasonally-adjusted, annualized basis, the government reports 492,000 single-family housing starts. A "housing start" is a home on which ground has broken. In addition, March's single-family housing starts were revised higher. What was previously reported as a three percent loss was re-measured and changed to a 0.2% gain. The April tally marks a six percent increase over the one-year moving average and, along with the March revision, suggests that the springtime housing market may have just been seasonal. In March, a number of reports suggested a housing retreat : within one month of permit issuance. It's unclear whether housing is on a steady path higher, but there's a growing body of evidence that suggests the market bottom has already passed. Click here to Search Parkland Homes Click here to Search Coral Springs Homes Click here to Find Out What your Home is Worth View my listings at http://www.jonklein.com
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