USAToday: Housing starts, building permits jump in June

According to USA Today, construction of new homes rose in June to the highest level in seven months, a sign builders are starting to regain confidence as they emerge from the housing bust.

This is definitely a good sign both for the economy as a whole as well as for those connected to the real estate industry including the mortgage industry. Surely the hope will be that these home starts result in jobs not only in the construction industry but also associated industries as well.

For the entire article check http://www.usatoday.com/money/economy/housing/2009-07-17-housing-starts-june_N.htm