There's some good news coming out of the US lately and lots of optimism about later in the year and in 2014. President Obama can finally feel some relief.
The US market once flooded with foreclosed homes now doesn't have enough. Home prices rose 7.4% from last year and that was the largest gain in the last 6 years.
US housing starts could reach 970,000 this, up 24% from last year. That's well above the 550,000+ home started in 2009. 1.5 million home starts per year are considered normally so we're seeing a good trend back to normal levels. The housing market is critical to the health of the US economy and of course for Canada.
An ABC news report goes further to say that construction companies will hire 140,000 new workers this year compared to…