Housing Starts Down 31.1% from 1 Year Ago
Submitted by Robert Oak on Fri, 10/17/2008 - 09:45
Building permits dropped 8.3% from September and are down 38.4% from one year ago.
Housing Starts are 6.3% down from September and 31.1% from a year ago. When one goes to Single Family homes dropped 12% from August.
from Census
Considering what's going on and how flooded the market is, I would have expected these numbers to be even lower frankly.
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