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Tuesday, May 17, 2011

BREAKING NEWS: Housing Starts, Permits Fall In April

Housing starts fell 10.6% in April to a 523,000-unit rate, missing economists' estimates of a 568,000-unit rate. Permits to build new homes fell 4% in April to a 551,000-unit rate, lower than the 585,000-unit rate economists were expecting.
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2 comments:

Anonymous said...

With a glut of foreclosure inventory, who wants to fork out dough for a brand new home?

May 17, 2011 at 9:52 AM
Anonymous said...

Breaking News?
Are you kidding me?
The only people that don't see what's going on are Obama and his cronies

May 17, 2011 at 6:44 PM

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