Building permits, housing starts rise in February – by Elaine360

Building permits for single-family homes rose 2.7 percent in February to a rate of 600,000 units, the U.S. Census Bureau and the Dept. of Housing and Urban Development jointly announced.

Single-family housing starts in February were at a rate of 618,000, a 0.5 percent increase compared with January’s figure of 615,000.

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Elaine
DRE #00598428
Senior Director, Coldwell Banker New Homes Division
With over 200 condominium, townhome and loft projects successfully marketed

“Fewer properties for sale with such remarkably low interest rates make it a great time to sell but a more difficult time to buy”

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