Housing Is Back

Fortune Magazine reported, June, that all stats now confirm housing is back to pre-recession levels. “The increasing level of new construction is entirely consistent with the strong demand and corresponding price gains…in both rents and home prices . . . Builders are more confident… the last time that NAHB’s housing market index…was higher than yesterday’s reported number, was 2005… Likewise, apartment owners are encouraged by lower vacancies and higher rents.”

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