State of Construction recently posted an article titled "Construction picks up, but pace remains slow", indicating that, although home construction rose 3.5% since April 2011, the pace of construction is far below the 1.2 million homes per year that must be built to sustain a healthy housing market according to economists.  Although the number of housing permits increased, condominium and apartment construction was the main reason.  Unfortunately, according to this article,the construction pace of single-family homes, which accounts for about 80 percent of all residential construction, is well below the 2010 rate. 

Trackbacks (0) Links to blogs that reference this article Trackback URL
Comments (0) Read through and enter the discussion with the form at the end
Post A Comment / Question Use this form to add a comment to this entry.

Remember personal info?
Send To A Friend Use this form to send this entry to a friend via email.