The best year for home construction since 2007 will help the economy weather slowing global demand for U.S. exports and a drop in energy prices.
January 22, 2015 at 10:00 AM
1 minute read
Real estate developer Crescent Communities in Charlotte expects to sell 1,000 new homes this year across the Southeast U.S. and Texas, double the number of two years ago.
“Demand is the strongest since the recession” that ended in June 2009 and stemmed from the collapse in housing, said CEO Todd Mansfield. “The economy is getting better and the labor market is getting better.”
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