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U.S. housing recovery just beginning: Brookfield

Posted on 20 February 2013

Brookfield Residential Properties Inc., the second-best performing home-building stock in the Americas over the past year, said the recovery in U.S. housing is only just starting to add to earnings.
“We’re just at the beginning” of the recovery, Brookfield Chief Executive Officer Alan Norris said in a telephone interview from Calgary, where the company is based. “If you take a look at our numbers, all of our profit is from Canada. We’re only just starting to get to the point where the U.S. is going to be contributing.”………………………………..Full Article: Source


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