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Friday, March 08, 2019

Housing starts heat up in January, climb whopping 18.6% | 2019-03-08 | HousingWire

Housing starts heat up in January, climb whopping 18.6% | 2019-03-08 | HousingWire: Home starts significantly heated up in January, according to the latest report from the U.S. Dept. of Housing and Urban Development and the U.S. Dept. of Commerce. Housing starts rose a whopping 18.6% in January 2019 to a seasonally adjusted annual rate of 1.23 million units, according to the report, which was delayed due to the more than month-long partial government shutdown. “In January, the 18.6% monthly increase in housing starts reflects rising consumer sentiment and builder confidence,” First American Chief Economist Mark Fleming said. Despite the headwinds, home builders . . .