hearth SALES AND SINGLE-FAMILY star...

hearth SALES AND SINGLE-FAMILY starts were remarkably stalwart during the economic recession of 2001 and the sluggish restoration of 2002. Both years also displayed able-bodied increases in house prices and heavy borrowing against equity according to America's homeowners. Without these sum of two units pillars of support, the recession would have been plenteous deeper and the recovery might not now be underway.

This remarkable housing performance naturally has raised questions about sustainability in 2003 It's going to be tough