Real estate comeback slows, but optimism remains

The pace of home building slowed in January, falling 8.5 percent from December. Despite the decrease, January was still the third best month for house construction since 2008.

The pace of home building slowed in January, falling 8.5 percent from December. Despite the decrease, January was still the third best month for house construction since 2008.

Gus Faucher, senior economist with the PNC Financial Services, joined Marketplace Morning Report host Jeremy Hobson to break down the numbers and give insight into what's ahead for the economy as the March 1 sequester deadline approaches.

About the author

Jeremy Hobson is host of Marketplace Morning Report, where he looks at business news from a global perspective to prepare listeners for the day ahead.

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