Fear of Double Dip in Housing

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7 votes

Posted By: Ted Harris, about 2 years ago (Report Spam)
Category: General Real Estate / Type: News
Source: online.wsj.com

Housing starts tumbled 10.6% in October, the lowest level since April, adding to doubts about the vigor of the economic recovery.

Comments

At 09:39PM on December 17, 2009 - Jim Wineinger said...

When supply outstripps demand, supply must dwindle (less starts) or prices necessarily tumble accordingly.