The housing market is one of the pillars of the U.S. economy, and
there may be no better indication of how the market is doing than a
statistic called housing starts. This information is tracked by the
government and issued to the public, usually through the business news
media.
What are housing starts?
It's
the construction of new buildings and structures intended for
residential living across the country. In other words, it's the
scheduled construction of a new house or apartment building. The start
of the construction is defined as the beginning of excavation for the
structure.
READ MORE: http://www.cnbc.com/id/100475026
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