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May's Housing Starts showed a 17.2% rise in starts of new homes last month.
June 16th, 2009 11:25 AM
May's Housing Starts showed a 17.2% rise in starts of new homes last month. This was a much higher increase than was expected and hints that the housing sector, at least new construction, may be stabilizing. Even the new permits portion of the report that indicates new starts in the immediate future exceeded forecasts.
Posted by Dale Ross on June 16th, 2009 11:25 AMPost a Comment (0)

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Resales up second month in a row
June 29th, 2009 11:28 AM

The National Association of Realtors said existing home sales rose 2.4% in May to a seasonally adjusted annual rate of 4.77 million units from a revised level of 4.66 million units in April. May’s increase was the first back-to-back monthly gain since September 2005.

Posted by Dale Ross on June 29th, 2009 11:28 AMPost a Comment (0)

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