starts

Economy

An Unexpected Rise In Housing Starts;Some Say Slump May Be Near Bottom

by Charles Feldman | October 22, 2006

By definition, news is –well–about new and sometimes unexpected things. Such is the case apparently with U.S. housing starts which surprised some experts by rising last month by an estimated 5.9%, according to a Commerce Department report. Bob Willis,writing for Bloomberg and reported in the Detroit Free Press, says some believe “the housing slump may [...]

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Economy

Housing Starts to Fall to 3 Year Lows

by Joshua Dorkin | September 18, 2006

Bloomberg is reporting tonight that US housing starts will likely fall to their lowest level in three years when the number is announced tomorrow (Tuesday). Builders probably started work last month on the fewest new houses in three years as higher mortgage rates discouraged home buyers, economists said ahead of a U.S. government report today [...]

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