Coastal Sands Realty
http://www.coastalsands.com/blog/housing-construction-increase.html


Housing Construction Increase

Posted By: Rose Foggotte In: Real Estate Update
Date: Wed, Mar 18th 2009 10:45 am

Housing construction posted a large increase in February.  The Commerce Department reported Tuesday that construction of new homes and apartments jumped 22.2 percent in February compared with January.  After the news, investors helped Wall Streets rally buying financial and home builder stocks.