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Juan Rodriguez

2013 Housing Starts Could Reach the 1 Million Mark

By January 18, 2013

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A new report released today by the Portland Cement Association reflects that all 50 states will get benefited from a large recovery of the housing industry. PCA Chief Economist Ed Sullivan said that 'that the possibility of one million starts in 2013 should not be dismissed';however the last semester of 2013 should play an important factor to reach that milestone. The forecast for 2014 is even better when the economist tells that the million mark will be easily achieved and some experts predict could be near the 1.2 million mark. The housing industry could be fueled from the Southwest and Southeast regions due to their large demand particularly on multifamily construction, created by tight credit regulations, foreclosures and damaged credit.

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