2013-02-28 — bloomberg.com
Low mortgage rates, accelerating household formation and a shrunken supply of existing homes on the market are fueling demand for newly constructed residences after the worst housing slump since the 1930s. U.S. builders are turning to stock and bond sales to finance growth. The industry issued $6.3 billion of debt last year, the most on record and $2.8 billion more than the previous 2005 peak, data compiled by Bloomberg show.
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