Wednesday, August 18, 2004

Housing starts still strong in July

The National Association of Home Builders (NAHB) reports that housing starts in July were still strong, signaling continued market confidence by home builders.

“Builders remain confident about the market and expect to maintain a healthy pace through the coming months as we strive to keep up with strong demand for single-family homes and condominiums” said Bobby Rayburn, president of the National Association of Home Builders (NAHB) and a home and apartment builder from Jackson, Mississippi.

As far as statistics, the NAHB reports "For the month, single-family housing starts increased 8.5 percent to a pace of 1.651 million. This was a 7.5 percent increase over the July 2003 pace."

To read the entire article online, go here.

No comments: