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Northeast Market Likely First to Rebound, says NAHB Report

The Northeast is likely to be the first region of the U.S. to rebound from the current housing slump, according to a recent forecast of metro market housing starts from the National Association of Builders.

Although the report anticipates “another challenging year” in 2008, it goes on to forecast that housing starts in several Northeastern states are likely to “turn the corner” in the third quarter with most following before the end of the year, reported the Nation’s Building News, an NAHB online publication.




	Headline News Northeast Market Likely First to Rebound, says NAHB Report The Northeast is likely to be the first region of the U.S. to rebound from the current housing slump, according to a recent forecast of metro market housing starts from the National Association of Builders. Although the report anticipates “another challenging year” in 2008, it goes on to forecast that housing starts in several Northeastern states are likely to “turn the corner” in the third quarter with most following before the end of the year, reported the Nation’s Building News, an NAHB online publication.