Triangle Business Today

Read between the lines on housing data

Posted February 16, 2011 8:49 p.m. EST

January's increase in housing starts was due to apartment building and not single-family homes which is important to recognize. In addition to the increase, we saw a decrease in permits which is an indication of future building.

About this Blog:

Jeremy Salemson, CEO of Corporate Investors Mortgage Group, blogs about economic trends and data and their impact on Triangle business. Each week, he interviews a Triangle-area business leader for a personal look at the local economy.