Tuesday, May 19, 2009

No Housing Recovery in April

The Commerce Department reported this morning that housing starts were low in April. I also noticed last week that the BLS reported that house construction prices were lower in April than in any of the last several months. A housing recovery would have more construction and higher construction prices.

1 comment:

stilettoheels said...

Roundup continues to rain down on green shoots. Will the residential delinquency rate crack 10% in 2009?

Fed delinquency rates