Tuesday, May 16, 2006

Housing Starts

First on the subject of housing starts, the U.S. Census Bureau has released numbers showing privately-owned housing starts for April 2006 were down approximately 11% from the same time last year. The Census Bureau has additional April 2006 statistics available.

To read the press release: April 2006 residential construction U.S. Census Bureau. (Note that this is a pdf document and you will need Adobe Acrobat to open.)

Second, the National Association of Home Builders is forecasting a decline in housing starts for 2006.

To read more: NAHB housing starts

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