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Housing starts near 5-year high in February for Pa real estate and mortgages

Tuesday, April 9, 2013 - Article by: Net Equity Loans.com - Message

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<span _fck_bookmark="1" style="display: none;">Homebuilders were a lot busier in February than they were a year ago, starting construction on 27.7 percent more units, according to Inman News.</span>

<span _fck_bookmark="1" style="display: none;">Aside from the 982,000 mark seen in December 2012, February's seasonally adjusted annual rate of 917,000 home starts was the highest since July 2008 when it reached 949,000.</span>

<span _fck_bookmark="1" style="display: none;">Housing starts of all types were up 0.8 percent from January to February, and have climbed by about 90 percent from a post-collapse bottom in early 2009. Single-family starts are up about 75 percent from their post-bubble low.</span>

<div style="border-width: medium medium 1.5pt; border-style: none none solid; border-color: currentcolor currentcolor windowtext; padding: 0in 0in 1pt;"><p style="padding: 0in; border: currentcolor;"><span _fck_bookmark="1" style="display: none;">Single-family housing starts in February were at a rate of 618,000, a 31.5 percent jump from a year ago and up 0.5 percent from</span>

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<span _fck_bookmark="1" style="display: none;"></span>

Homebuilders were a lot busier in February than they were a year ago, starting construction on 27.7 percent more units, according to Inman News.

Aside from the 982,000 mark seen in December 2012, February's seasonally adjusted annual rate of 917,000 home starts was the highest since July 2008 when it reached 949,000.

Housing starts of all types were up 0.8 percent from January to February, and have climbed by about 90 percent from a post-collapse bottom in early 2009. Single-family starts are up about 75 percent from their post-bubble low.

<div style="border-width: medium medium 1.5pt; border-style: none none solid; border-color: currentcolor currentcolor windowtext; padding: 0in 0in 1pt;"><p style="padding: 0in; border: currentcolor;">Single-family housing starts in February were at a rate of 618,000, a 31.5 percent jump from a year ago and up 0.5 percent from

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