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Plenty of good news has been coming in about housing lately. Here's a round-up.
6. Residential construction spending up 3.4 percent
Construction spending on residential properties was up 3.4 percent in October, according to the U.S. Commerce Department. An increase in single-family construction and residential improvements offset a decline in multifamily construction.
Overall, construction was up 0.8 in October, the third straight month of increases, although declines in commercial and government spending pulled that overall number down.
More like this
- Survey: Affordability and increased living space top reasons to buy in 2010
- 2012 home building outlook: Builders largely optimistic about growth
- 2011 Remodeling Forecast: Three Reasons for Long-Term Optimism
- Americans maintain positive attitude about homeownership
- Federal housing scorecard: Housing market recovery still fragile
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