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  • Seven in 10 Consumers Expect Housing Bubble to Burst

    04/19/2006 9:58:59 PM PDT · by ex-Texan · 130 replies · 2,254+ views
    Gallop Poll ^ | 4/19/2006 | Dennis Jacobe
    The Commerce Department reported Tuesday that single-family housing starts fell 12% last month. Privately owned housing starts fell 7.8% to the lowest level since March 2005, while new building permits fell 5.5%. * * * Labor Department reported that wholesale prices rose 0.5% last month as oil and gasoline prices are approaching new record highs. * * * New findings from the April Experian/Gallup Personal Credit Index survey suggest that many Americans believe [the housing bubble may burst] * * * National Housing Bubble Seventy-one percent of consumers believe it is very likely (24%) or somewhat likely (47%) that housing...