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new home constructionWe get a second piece of positive news out of the housing industry in as many days today as the Commerce Department announced this morning that new home construction jumped 3.6% in June.

No one is going to put forth the argument that the housing market is all of a sudden in good shape again, but we are starting to see signs that things could be at least leveling off, which is the first step that needs to be made.

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June housing construction makes unexpected jump originally appeared on BloggingStocks on Fri, 17 Jul 2009 16:20:00 EST. Please see our terms for use of feeds.

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