Posts Tagged ‘exurbs’Housing Perspective: November Housing StartsBy AUSTIN NELSON Housing starts in the U.S. fell to their lowest levels since the government started keeping statistics on the subject in 1959. The drop is staggering — almost 20% since October — and is another stark indication of the current state of the U.S. housing industry, not to mention the economy as whole. [...] Housing Perspective: October New Home SalesBy RYAN TAYLOR Hardly anyone, it appears, is interested in buying a new house. The commerce department reported this morning sales of new single family homes decreased by 5.3% in October to a seasonally adjusted annual pace of 433,000. That’s the lowest level since 1991. Sales are down a whopping 40.1% from October 2007 and [...] |