The year is rounding out on a strong note for the construction industry. As homebuilder sentiment hits a 20-year high, new government data shows that privately owned housing starts climbed 3.2 percent in November to a seasonally adjusted annual rate of 1.37 million — up from 1.2 million in November 2008. Building permits in November hit a seasonally adjusted annual rate of 1.48 million, a 1.4 percent increase on the revised October rate, and the
source https://therealdeal.com/2019/12/17/why-things-look-good-for-the-housing-market-right-now/
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