New housing starts fell dramatically in February as the cold, protracted winter froze new construction in the Midwest and Northeast.
- February Freeze in Housing Starts Is a Bad Bellwether
- Homebuilders Give Up as New Housing Starts Hit 50 Year Low
Don MillerContributing WriterMoney Morning New housing starts fell in December to the lowest levels since the government started compiling statistics in 1959, as surging unemployment continued to rock the real estate market. The numbers offer more evidence of the dismal economic conditions facing President Barack Obama’s administration. The news confirms a relentless downward spiral for […]