Friday, May 8, 2009

Housing, Economic Growth Now Heading to Higher Ground

The nation’s housing industry and the economy have just about
seen the worst of the painful downturn that greatly intensified since
last September’s turmoil in the financial markets, according to
economists speaking on April 23 at NAHB’s Construction Forecast

And despite a continuation of rising unemployment well into next
year, although at a slowing pace, housing in this year’s second
half is expected to begin gradually leading the economy to higher
ground, they said.

See the full article at NAHB.

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