Housing market booms, highest levels since 2008

Housing market booms, highest levels since 2008

Housing market booms, highest levels since 2008

Print
Email
|

by WHAS11

WHAS11.com

Posted on July 18, 2012 at 3:47 PM

Updated Thursday, Jul 19 at 8:19 AM

LOUISVILLE, Ky. (WHAS11) - - A huge development in the housing market that the economy could be making a comeback.

In June, US builders broke ground on the most new homes and apartments in nearly four years.

Housing stats were up nearly 7 percent in June and are now at the highest levels since October 2008.

There's even more good news The National Association of Home Builders reports that builder confidence is at the highest level in five years.

 It credits rising home prices for the new found optimism.
 

Print
Email
|