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…

Homebuilder Confidence Index Goes Nowhere in November

by | Nov 16, 2010 | Towing

Technically, the homebuilder sentiment index inched one point higher to 16 in November. But the gain was offset by a revised one-point dip in October’s reading, and the numbers remain well below those seen during a healthy hous…