Vermilion Realty Blog

February 19, 2010

New Home Construction Up

Filed under: Market Info — Tags: , — Don Grafues @ 8:35 am
 
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
 
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