Wednesday, December 23, 2009

Construction of New Homes Rebounds in November

New building permits rise more than expected -- a hopeful sign for industry

WASHINGTON - Associated Press, 12/16/09 - Construction of new homes, helped by better weather, rebounded in November following a setback in the previous month.

The gain is a hopeful sign that the housing recovery is continuing, a development viewed as critical to lifting the overall economy out of recession.

Read the whole article here.