Fitch Ratings raised its projection for single-family starts and
new-home sales this year, but warned housing growth could be somewhat
less robust in 2013.
The ratings company expects single-family housing starts to improve
about 19% in 2012, with new-home sales and existing-home sales
increasing 19.5% and 8.5%, respectively.
Fitch, last month, forecast a 12% rise in single-family housing starts,
10.5% growth in new-home sales and a 5.6% bump in existing-home sales.
LMAO!, soon folks we will all be very house rich again, the wealth effect is upon us.
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