Single-Family starts are up 4.2% and the housing production in October reached its highest level since November 2013.
This rise of single-family starts gives the nation more certainty that the economy is improving and consumer confidence is growing.
This continued recovery will have a ripple effect to empower the overall recovery of the United States.
According to the NAHB, issuance of building permits for single-family dwellings increased 1.4 percent to 640,000 units in the month of October.
For more information, please visit www.nahb.org.
Builder confidence is not only increasing in the United States, but also in Canada. Archival Designs is seeing an increase in design commissions in North America, one of which is a new 10,000 sq. ft. home to be built Spring 2015 in Newfoundland, Canada.
To learn more about our custom home plan services visit www.ArchivalDesigns.com or call our home plan specialists at 770-831-6363.