1. Pioneer Valley housing sales down in 2nd quarter; new construction perks up nationally

    New Home construction also appears to be rebounding , according to the U.S. Census Bureau. Privately owned housing starts in June were at a seasonally adjusted annual rate of 629,000, 14.6 percent greater than the revised May estimate of 549,000 and 16.7 percent greater than the June 2010 rate of 539,000.
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    1. But we are seeing a strong demand still from investors, which is a healthy sign.
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