Housing Market


Housing starts jumped 11.3% in December, a sign of a strengthening economy. The housing market remains strong despite a recent increase in mortgage rates.


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The NAHB Housing Market Index pointed to a slightly less confident outlook among home builders. However, the reading of 67 is still favorable.
Buyer demand is considered abnormally strong for the off-season, as tight inventory and possibly increasing mortgage rates give buyers a sense of urgency.

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