Housing Starts Expected to Rise to Three-Year High in 2011
Housing starts probably will reach a three-year high of 739,000 in 2011, creating enough jobs to shave half a percentage point off the unemployment rate, according to a forecast by David Crowe, chief economist of the National Association of Home Builders in Washington. “The housing market is going to shock people,” said Charles Lieberman, chief investment officer at Advisors Capital Management. “Once we get the ball
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