Building Products Industry Enjoys The Housing Upswing

By | August 24, 2015

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Construction, housing and home repair and remodeling are on the upswing. Housing starts for July came in at a seasonally adjusted annual rate of 1.206 million units, a 10.1% increase from a year earlier. That’s still well below the torrid 2 million-plus pace of 2006 and 2007, when the housing boom was in full swing. Sales of existing homes surged to the fastest pace since 2009 in May. First-time homebuyers represented 32% of the total, the best Scalper1 News

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