More good news for the Central Florida real estate market as the National Association of Home Builders reported homebuilder sentiment rose to 47 in April, from 46 in March.
Although this is a very modest increase, it is an indicator that builders are expecting sales to continue to increase in the months ahead as the spring home buying season gets into full swing.
This is further supported by the Commerce Department's report that new home construction starts rose 2.8% in March to an annualized rate of 946,000.
Central Florida is poised for continued growth and as we see more new construction coming out of the ground it is a good sign for increasing home prices and economic stability in the region.
This press release originally appeared on the National Association of Home Builders' Newsroom on April 15, 2014 here.
