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ID: 29349
Title: Homes picture mixed after starts data (Reuters)
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Construction workers put up second story framing as they build homes in Carlsbad, California November 17, 2005. The pace of U.S. home construction rose 9 percent in February, beating analysts' predictions and running against dismal news in the subprime home financing sector, a government report showed on Tuesday. (Mike Blake/Reuters)Reuters - The pace of U.S. home construction rose a sharp 9 percent in February but permits for future building slid, according to data on Tuesday that shed little light on whether the housing market was stabilizing.


Category: Business/US Economy/
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Date Added: March 20, 2007 04:21:44 PM
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