Economist Patrick Newport of IHS Global Insight predicts housing starts of 966,000 this year, up from 781,000 in 2012. But he doesn’t expect a normal level of 1.5 million starts until 2015 because high mortgage debt and strict lending standards are still crimping growth.
Real Estate
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0 minute readHousing is key to full job recovery
February 18, 2013, 10:09am
Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
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Articles written by HousingWire Staff are non-bylined, and typically involve press release coverage and aggregation of coverage appearing elsewhere. So who put all these together? Our entire staff does!see full bio
