Home Building Rise: U.S. Economy Is Regaining Momentum

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    May 20, 2015 2:11 AM GMT
    NYT: Home building across the nation accelerated in April, far exceeding expectations and suggesting that the economy was getting back on track after overall growth ground to a halt during the first quarter of the year.

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    May 20, 2015 1:58 PM GMT
    nice article:
    a few days ago i researched the housing in my area.
    -most figures were for the last quarter of 2014.
    -reporting the first quarter of 2015 was rare and those predicting the 2015 future varied all over the place.
    -zillow was the worst; they foretasted 3% growth for 2014 and we apparently experienced 8-13% Zillow is still forecasting 3% growth, good for them.

    redfin.com is a zillow alternative

    someone on this forum suggested:

    at least 1/3 of the permits were for 3-5 story investment apartment buildings but Denver city & county does not break down residential building permits so their data is lousy. A person building a garage might have the same status as a 14 million dollar project.

    i predict as we enter into the election year the economy will be doing much better.

    Northern Colorado has significant oil&gas employment and reports are they are these companies are laying off. Likely bad for Texas too.