Will Housing Highs Continue?

903,000: Housing permit rate in December

Housing starts surged in December to their highest level since the middle of 2008. While investors were cheered by this news, housing permits (which we believe are a better indicator of future activity) came in at a seasonally adjusted annual rate of 903,000. This level remained in line with the past several months, suggesting that housing starts may moderate in the near term.

For more on the economy, read the weekly update from BlackRock's Chief Investment Strategist, Russ Koesterich.

Source: U.S. Department of Housing and Urban Development

http://www2.blackrock.com/

Prepared by BlackRock

Delivered courtesy Joel W. Grams, CRPC^®, CLTC,

Registered Representative, Financial Planner, 212 Capital Group

38 Main Street Suite 360, Westlake Ohio 44145

(440) 835-4501 Ext 17, jgrams@212capitalgroup.com

The foregoing discussion is general in nature and not intended as specific advice.
New England Financial nor its representatives are engaged in rendering tax,
accounting or legal advice. A qualified professional should be consulted regarding the effect of such considerations on the matters covered in this publication.

For information on New England Financial insurance or other financial products and services, please contact Joel W. Grams, CRPC^®, CLTC, Registered Representative, Financial Planner with /New England  Financial 38 Main Street Suite 360, Westlake, OH 44145, at (440) 835-4501 ext. 17, jgrams@212capitalgroup.com

www.212capitalgroup.com

New England Financial is the registered mark for New England Life Insurance Company (NELICO) Boston, MA 02116. Securities and investment advisory services offered through New England Securities, Corp. (NES)(member FINRA/SIPC) a Registered Investment Advisor. NELICO and NES are MetLife companies. L0213304581[exp0314][OH]