Housing starts are up 28 percent from their bottom in April 2009. Still, they are down 73 percent from their peak in January 2006 and 40 percent below the 1 million annual rate that analysts say is consistent with healthy housing markets.
The industry is "showing signs of stabilization and perhaps even a faint pulse," wrote Joshua Shapiro, chief U.S. economist at MFR Inc. in New York.Read it all
No comments:
Post a Comment