Housing starts hit best year since 2007 December made up for some of its lost ground in November with an increase in housing starts. In fact, 2016 finished off the year as the best year for housing starts since 2007. However, the market remains in desperate need of new housing stock.
Homebuilders keep confident moving into 2017 Builder confidence came down off December's high, the highest level for more than 10 years, but remains strong headed into 2017. According to the National Association of Home Builders, many builders are excited for the business conditions that the new administration will bring.
Chicago area sees most home sales since 2006 RE/MAX’s annual report showed the Chicago area saw its highest level of home sales since 2006. However, despite the increase, the city continues to struggle with low levels of housing inventory.
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