TITLE

Housing Starts Strong Gainer

AUTHOR(S)
Hogsett, Don
PUB. DATE
December 2004
SOURCE
Home Textiles Today;12/13/2004, Vol. 26 Issue 15, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the U.S. housing market supported by persistently low mortgage rates, held relatively steady during October but only the forward-looking measure of housing starts managed a strong gain, reversing a slide the prior month, while other sectors were virtually flat. With builders regaining some of their confidence, housing starts improved by 6.4 percent, to a seasonally adjusted annual pace of 2 million units, recovering from a 6 percent decline during September. The only other gainer during October was the highly volatile market for costly new home sales.
ACCESSION #
15347945

 

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