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Weakness in Housing? Forget It (BusinessWeek Online)

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01-07-2006, 02:13 PM

Ron Burgundy Ron Burgundy is offline

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Weakness in Housing? Forget It (BusinessWeek Online)

BusinessWeek Online - As if to tweak the noses of housing-sector pessimists, the November U.S. housing starts report released on Dec. 20 revealed another stellar performance: a rebound of 5.3% on the month, to a 2.123 million annual pace, from a revised 2.017 million in October (2.014 million previously). Building permits rose 2.5%, to a solid 2.155 million pace, from a 2.103 million rate in October (revised from 2.071 million).

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