The Commerce Department reports that new home construction improved in January.
- January’s build was at an annualized rate of 591,000.
- This is up 2.8% from December’ annualized rate (revised) of 575,000.
- And up 21.1% from January’s 2009 rate of 488,000.
Don Grafues
Resource: REALTOR.org, The Wall Street Journal & CNNMoney.com
Resource: REALTOR.org, The Wall Street Journal & CNNMoney.com