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Real Estate & Property Law

: Housing Wire

Housing Starts Rise Despite Weak Builder Outlook

By DIANA GOLOBAY

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Construction starts on US housing units jumped 17.2% in May, rising to a seasonally adjusted annual rate of 532,000 units, according to estimates released today by the US Commerce Department. The good month for housing starts comes after the volume dived 12.9% the month before. A 62% increase in new multifamily construction drove the month-over-month gain, [...]

Full post as published by Housing Wire on June 16, 2009 (boomark / email).

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