Home Building Increases

Housing starts are up Nationwide and in the West, improving for over the last three months. Single family starts, nationwide, jumped over 14% from last month to 470,000 annually in June, 2009. This was the biggest monthly gain in 4 years, according to the WSJ. Home building in Eugene is improving, but is not brisk. If you’re wanting to build a house, now is a great time to do so.

Annualized Housing Starts Continue to improve in 2009

Annualized Housing Starts Continue to improve in 2009

Nationwide (top) and Western (bottom) housing starts.

Nationwide (top) and Western (bottom) housing starts.