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.
With a glut of foreclosure inventory, who wants to fork out dough for a brand new home?
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ReplyDeleteAre you kidding me?
The only people that don't see what's going on are Obama and his cronies