Home builders had a very strong summer quarter this year, their second best in 15 years, according to a report in U.S. Housing Markets, published by Lomas Mortgage USA.

The report also said 1993 would be the best year for home-building since 1989. with the number of building permits issued nationwide reaching 1.18 million, up 7.8% since last year.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.