Home Builders Expect Construction Recovery – WSJ.com

By JAMES R. HAGERTY And DAWN WOTAPKA LAS VEGAS—Housing construction is expected to rebound this year from the severely depressed 2009 level, but the market remains fragile as foreclosures continue to rise. Builders are likely to start construction on 610,000 single-family homes this year, up 38% from last year, according to David Crowe, chief economist [...]