Off 5.8% for March, Real Estate Housing Starts are up 10.3% from a year ago, to a 654,000 unit annual rate. The monthly drop came from volatile multi-family starts, while single-family units were only down bu 0.2%.
The number of homes under construction was up for the seventh month in a row! Yeah!!!
Even Building Permits are up 30.1% versus a year ago. It's early in the home building recovery, but there is a possibility that we could see 1.6 million more new real estate units by 2016.
RE/MAX sells more homes than any other real estate company.
For a reason...should we talk?
Another blog post written by:
The Real Estate Wizards of Kansas City
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Short sales, foreclosures, luxury homes, investor homes, first time home buyer homes, land, investment properties and move up buyers.
Gardner, Olathe, Overland Park, Leawood, Lenexa, Shawnee, Mission, Merriam, Prairie Village, Basehor, Tonganoxie, Lansing, Leavenworth, Spring Hill, Eudora, De Soto, Edgerton, Platte City, Smithville, Gladstone, Liberty, Riverside, Independence, Lee's Summit, Pleasant Hill, Raymore, Belton, Grandview, Raytown, Waldo and the surrounding Kansas City communities.
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