Morning Minute: Housing starts build momentum in February

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New home construction increased 3 percent compared to last month and is up 6.2 percent from the same time last year, according to the latest housing starts data. With low housing inventory, the uptick in home building could signal a positive trend for the spring and summer housing market.

Read coverage of today’s housing starts news with “Housing Starts in U.S. Climbed to Four-Month High in February,” from Bloomberg; “Housing starts increase driven by single family residential,” from HousingWire; and “U.S. housing starts jump; weekly jobless claims fall” from Reuters.

In other headlines:

Foreclosures here shrink to pre-crisis levels – Crain’s Chicago Business

Real Estate Survey Finds ‘Trump Bump’ In The Midwest And Rural Areas – Forbes

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About Stephanie Sievers

Stephanie Sievers is Senior Editor for the Illinois Association of REALTORS®. She serves as Senior Editor for IAR publications including the Illinois REALTOR® magazine and all other IAR publications. She is responsible for developing content for the Illinois REALTOR® Weekly Connection e-newsletter, coordinates the IAR Twitter account content at ILREALTOR and plans and develops content for videos. She assists in developing and writing content for the IAR blog. She also is involved in researching and drafting news releases and coordinates the news media distribution database and newsclips reports for the Association. She also assists in IAR spokesperson training seminars and is involved in development of association briefing materials on issues. She assists with the housing statistics program and reports.

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