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People say home building can't recover any time soon and the new home real estate market is dead. Despite the recent slow growth, the new home real estate market has shown signs of of a recovery.

People say home building can't recover any time soon and the new home real estate market is dead. Despite the recent slow growth, the new home real estate market has shown signs of of a recovery.


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 Wizard of Kansas City
The Real Estate Wizards of Kansas City

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