Housing Construction Start Numbers Going Up

The U.S. Commerce Department reported that construction of new homes and apartments in February jumped 22.2 percent from January to a seasonally adjusted annual rate of 583,000 units, defying economists' forecasts for a drop in activity. Applications for building permits, considered a reliable sign of future activity, also rose in February by 3 percent.Read the full story:http://www.floridarealtors.org/NewsAndEvents/n1-031709.cfm