The world's largest real estate franchise by agent count
Increasing for the first time in six months, nationwide housing
starts shot up 9.8% in February, with both single-family and multi-unit
projects posting gains. Building permits did even better—up 13.8%, the largest
monthly gain in two years. Home builders are clearly feeling more optimistic.
The homebuilder sentiment index headed up for the third straight month,
indicating the housing market is starting to find its footing in the present
mortgage rate environment.