Housing Starts Plummet as Consumer Confidence Wanes
admin2011-05-18T00:36:13-07:00May 18, 2011 (Shirley Allen) Housing starts fell 10.6 percent nationwide in April to a seasonally adjusted rate of 523,000 units, with housing starts for single-family homes dropping 5.1 percent, and multi-family housing starts dropping a whopping 24.1 percent according to newly released figures from the Commerce Department. Read more...