U.S. housing starts rose 2.3% in August

With the pace of single-family home construction faster than it’s been in more than two years, The Commerce Department said that construction of homes and apartments rose 2.3 percent to a seasonally adjusted annual rate of 750,000 last month, which is up from 733,000 in July. Read Full Article Here

Home Prices on the Rise

Recent housing indexes have shown single-family home prices are on the rise, providing more evidence that the “bottom” of the market is already behind. “We’re wiping out just about all of the decline,” Joel Naroff, chief economist at Naroff Economic Advisors, told NBC.com about recent housing data showing home prices …

Read more