Better Housing News in November!

Posted: December 19, 2015 | Source: www.floridarealtors.org

Despite signs that the housing market may be slowing down including sliding demand and prices in New York and San Francisco, national housing starts jumped 10.5 percent in November. According to the U.S. Commerce Department, housing starts will reach an annual rate of 1.17 million in 2016. Housing experts would like to see an annual rate of 1.5 million new homes.