Home Building Market Shows Signs of Improvement

Home builders started work on more single-family homes in May and requested the most permits to build homes and apartments in three and a half years. The increase suggests the housing market is slowly recovering even as other areas of the economy have weakened. The Commerce Department said Tuesday that builders broke ground on 3.2% more single-family homes in May, a third straight monthly increase.

Source: An article by The Associated Press that was posted by USA Today. Read more.

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