U.S. Housing Starts Fell 11% in April

| May 17, 2011

U.S. Housing Starts Unexpectedly Fell in April Surprising Analysts…..We’re wondering what’s so unexpected about it? Work began on 523,000 houses at an annual pace, down 11 percent from the prior month and less than the 569,000 median forecast of economists surveyed by Bloomberg News, figures from the Commerce Department showed today in Washington. Building permits, […]

What’s That Old Saying…Records Are Made To Be Broken!

| January 19, 2011

This is a key story: There were a record low number of housing completions in 2010, breaking the record set in 2009.   In 2010, 1 to 4 unit completions were at a record low 506 thousand. This was just below the 534 thousand units completed in 2009. This is far below the previous record […]

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