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Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires

April 28th, 2010 · Comments Off on Housing Starts Data Hints That Housing Will Expand Even After The Tax Credit Expires

A Housing Start is a new home on which construction has started and, over the last 6 months, home builders are averaging one half-million starts per month. This marks the highest 6-month average since 2008 and a reading one-fifth percent better from 12 months ago. Revisions to prior data have all been higher, too.

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Tags: Consumer Interest · Economy · Housing starts · New Jersey · Pennsylvania · Real Estate