Economists brushed off a decline in new residential construction starts last month and instead looked at an increase in permits issued for houses and apartment buildings as a positive indicator that the real estate market is on the mend.
Wednesday, March 21, 2012
February home starts decline, but economists focus on upbeat signs
An increase in building permits indicates the economy is improving, economists say.
Economists brushed off a decline in new residential construction starts last month and instead looked at an increase in permits issued for houses and apartment buildings as a positive indicator that the real estate market is on the mend.
Economists brushed off a decline in new residential construction starts last month and instead looked at an increase in permits issued for houses and apartment buildings as a positive indicator that the real estate market is on the mend.
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