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- Housing Starts Jump in April
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Builders picked up the building pace in April as the industry streaked past analyst estimates for new home starts. Led mainly by the development of multi-family projects builders showed that they exist to do one thing - build. While the country still faces a massive glut in properties builders are placing their bets in lower-cost multi-family units. As deep discounts and incentives seem yet to stem the tide of single-family malaise home builders are looking for other ways to keep the revenue streams to at least a trickle.
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16 May, 2008| housingblogs |
@ 18:02