Thursday , 3 December 2020

Data Shows April Was Prosperous For Housing

By Brian Honea

In the NAHB’s Eye on Housing blog, Crowe cited a number of positive housing statistics that indicate that April was a prosperous month for the industry in spite of the U.S. economy contracting at an annualized rate of minus 7 percent in Q1. The lack of economic growth in Q1 did nothing to damper economists’ predictions about housing recovery for 2015, however, largely because of strong April numbers.

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