Homebuyers and renters have crowded into the US housing market this year, pushing up prices to levels that have placed a potential cap on sales growth. Photo: Reuters
Single-family houses fuel gains in US homebuilding
Rise in housing starts reflects increased sense of financial security amid steady job growth, modest lay-offs and relatively low mortgage rates
Homebuyers and renters have crowded into the US housing market this year, pushing up prices to levels that have placed a potential cap on sales growth. Photo: Reuters