National Association of Heavy Equipment Training Services, NAHETS Blog

Housing Permits Update From Reed Construction Data

Posted by nahetsblog on May 4, 2011

Reed Const Data says, "Housing market activity should be seen as flat for about two years — still waiting to break out of the bottom of the housing recession," "That is expected to happen this spring." The key driver is employment gains which have began to boost apartment permits. Home builders have cut back so their inventory of houses they are selling will be back to normal with only a small lift in sales.


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