U.S. single-family homebuilding raced to a more than 13-year high in September, cementing the housing market's status as the star of the economic recovery amid record-low mortgage rates and a migration to the suburbs and low-density areas in search of more room for home...
We expect housing starts for the year to total around 1.4 million units. This is one of those very rare periods when starts will rise during a recession year.