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HOUSING: LIVE NEWS FEED
(CEP News) - The U.S. housing sector showed unexpected weakness in March, with both housing starts and building permits both falling further than expectations. U.S. housing starts fell to an annualized pace of 510k, representing a month-over-month decrease of 10.8%, according to the U.S. Department of Commerce on Thursday morning. ...
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HOUSING: MARKET OPINIONS
November 20th, 2009 - October housing starts fell almost 11 percent. Mortgage applications have collapsed to a record 12-year low. Foreclosures are increasing the stock of homes to be sold at a pace of 300,000 per month.  Unemployment at 10.2 percent is not supporting home purchases, especially when rents are also decreasing. What’s left? Well, the ...
Author: Daily Reckoning
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