But the Toledo company’s chairman and chief executive officer says that if the housing market continues to improve like it has been, it could be enough to power the American economy for the next three or four years.
As the No. 1 Fiberglas insulation producer in the country and No. 2 seller of roofing materials, OC has been in a rare unique position to observe the fall of the housing market and its subsequent recovery.
Mr. Thaman discussed his “Thoughts on Housing Recovery” on Monday in downtown Toledo during a meeting of the Rotary Club of Toledo.
He said, “Owens Corning believes that the uptick seen in housing in the last six months is real.
According to industry projections, housing starts could rise from 600,000 to 1.5 million housing starts in 2015.
This post was last modified on %s = human-readable time difference 12:10 pm
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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