Housing Starts Growth Beats Expectations in November

by | Dec 16, 2010 | Towing

The humbled housing sector took a modest step forward last month as starts rose a better-than-predicted 3.9% to a 530,000-unit annual rate. Still, at the current pace, the nation is 18 to 24 months from seeing normal levels of …

Housing Starts Plunged 11.7% in October

by | Nov 17, 2010 | Towing

U.S. housing starts unexpectedly plunged 11.7% in October to a 519,000-unit annual rate, weighed down by a 47.5% decline in apartment and condo construction. But building permits, a leading indicator of future housing construc…