Thursday, February 09, 2012

 
 
 

 
 
 
 
 
"Astonishing;" housing starts worst since 1959
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Tuesday, April 21, 2009
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From The Big Picture:

Here is half a century of Housing Starts, both Seasonally adjusted and NSA (lower chart is the annual rate of change).

Note that we are now in uncharted territory - new home starts have never fallen to these levels for as long as the Commerce Department has been tracking this data (since 1959)...

Read full article...

Banks' "shadow inventory" of housing could destroy the market

Topics: Housing | Real Estate
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