Builders Index Hits New Low, Housing Starts Plunge Again
Dean Baker, The Center for Economic and Policy Research: "The National Association of Home Builders' housing market index fell to a new low of 9 in October, dropping 5 points from the September level. The Census Bureau reported that housing starts dropped 4.5 percent in October to an annual rate of 791,000. Construction of single-family homes fell by 3.3 percent to a 531,000 annual rate. The construction rate on single-family homes is the lowest since October of 1981, when it was at a 523,000 annual rate. The overall rate is the lowest since at least 1959."
http://www.truthout.org/111908T
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=Dean+Baker
http://www.truthout.org/111908T
http://freepage.twoday.net/search?q=housing
http://freepage.twoday.net/search?q=Dean+Baker
rudkla - 20. Nov, 05:58
