On Point Capital - A Private Real Estate Investment and Development Firm

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More New Construction Points to a Strong Housing Market

Multiple data indicators support the notion that the housing market is strong in the final quarter of the year. Housing starts increased 3.8%, single family new construction rose for the fifth straight month, and building permits rose another 5% in October. These numbers, along with more data you can find here, all indicate that the housing market is strong and builders are taking advantage of low interest to increase the housing stock.