Economic Heavy Lifting by U.S. & Canadian Homebuilders
Texas is in a League of its Own
Through the first half of 2021, the monthly average of seasonally adjusted and annualized (SAAR) housing starts in the U.S. has been +23.2% compared with January-June 2020. The one-quarter increase in groundbreakings warrants the ‘mini-boom’ description being applied to the U.S. homebuilding market.
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