Canadian homebuilders bet on US housing recovery

mercredi 27 août 2014

US home construction jumps 15.7 percent in July Overheating worries at home are driving Canada's homebuilders south of the border where they buy up rural land, betting on a recovery in the U.S. Homebuilders such as Mattamy Homes and Brookfield Residential Properties Inc are buying undeveloped land in Florida, Texas and other states where prices tumbled during the global financial crisis and remain well below pre-crisis levels.








via Business News http://ift.tt/1nDMU4O

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