New Home Sales Best in Six Years

HousingWire informs MHProNews Freddie Mac says this spring homebuying season will be the best since 2007, with home sales increasing 8-10% and housing starts rising to 950,000 units, compared to 2012’s 780,000 starts. Frank Nothaft, chief economist and vice president of Freddie Mac says, “It will be the gradually declining unemployment rate and steadily improving housing market that will deliver broad-based economic benefits for Americans and, in turn, support the overall recovery.”

(Image credit: HousingWire)

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