Fitch Anticipates Continued Growth for Housing into 2014

“In the backdrop of a slow growing economy, Fitch Ratings projects the housing recovery will expand this year and the next-just not at an “explosive” pace, according to a report.

The forecast for 2013 is for existing-home sales to increase 7.5 percent and for new home sales to rise by 22 percent. Meanwhile, single-family starts should grow 18 percent, and multifamily starts should jump 25 percent.”

For complete article:  http://www.dsnews.com/articles/fitch-anticipates-continued-growth-for-housing-in-2014-2013-07-23