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Usa New House Starts Up


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HOLA441
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HOLA442
Guest boredwaiting

CNN news report

It looks like the US new build market is not ready to roll over just yet :(

I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not?

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HOLA446

The obliteration of an entire city (New Orleans). May affect the demand for bricks.

Hurricane Katrina left insurance estimates ~ $100 billion

What do you think?

These brick will be paid for with insurance payouts and not mortgages

Not a whole city...A whole region, the size of Great Britain.

http://www.bloomberg.com/apps/news?pid=100...=top_world_news

Housing starts in November rose by the most in seven months as a pickup in jobs and reconstruction after two hurricanes reignited the homebuilding market.
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I think that a significant proportion of these may be from the hurricane damage that we have seen in New Orleans. I didn't see in the report if they have seperated that out or not?

That turns out not to be the case. Look at the regional breakdown.

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