Posted on 06/16/2004 6:29:54 AM PDT by Pikamax
Edited on 07/19/2004 2:14:32 PM PDT by Jim Robinson. [history]
U.S. May Housing Starts Fall 0.7% to 1.967 Mln Rate (Update1) June 16 (Bloomberg) -- U.S. homebuilders began work on more houses than expected in May, and building permits rose to the highest level in more than 30 years, suggesting that rising mortgage rates have yet to curb demand, a government report said.
(Excerpt) Read more at quote.bloomberg.com ...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.