Confidence Sagging News Today : Breaking News, Live Updates & Top Stories | Vimarsana

a recent survey by the national association of home builders and wells fargo finds home builders confidence sagging. staying flat in january and below the 50% mark after eight consecutive growth of months. there, too, there is cause for optimism. the commerce department reported last week that housing starts surged in december. up 19.1% from the month before and setting the fastest pace seen in 4.5 years. multifamily housing, apartment and condos is boosting the construction surge as younger people finally find employment and take flight from the parent s nests. now from the first time since 2007, 2006, we are starting to see increases in production. rising house prices. that is going to affect household wealth. that is one positive factor that will help us have i hope a better year in 2013. then in 2014. we need to put up 1.5 million homes a year because of population growth. ....

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