Tuesday, May 19, 2009
"belief that the US housing market has stabilised is premature"
Mortgagestrategy: Housing starts in the US fall to record lows
Housing starts in the US in April fell to the lowest level on record, suggesting that talk of housing market recovery is premature. Figures from the United States Census Bureau show that the number of privately owned housing starts - homes where construction has started -was 458,000 units in April, 54.2% lower from the same time last year. The number of housing starts reached a low of 488,000 in January then rose above 500,000 in the following two months.
Posted by jack c @ 09:40 PM (353 views) Add Comment
1 Comment
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1. crunchy said...
All this bull about confidence lately.
It takes hard dosh not fraud to buy a house these days.
Confidence is for the tricksters operating in these hopeless times.
"Housing starts in the US fall to record lows."