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Housing market sees surprise rebound, but outlook still uncertain
                   
semissourian.com     May 17, 2008            

By MARTIN CRUTSINGER The Associated Press WASHINGTON — Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. The Commerce Department reported Friday that housing...


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Nationwide Home Building begins to pick up

US Housing starts boom in Aprilfrom ActiveRain Blogs by Simon Conway (Picket Fence Realty)US Housing starts posted the biggest increase in more than two years in April.According to the Associated Press, the Commerce Department reported Friday thathousing construction rose by 8.2 percent in April...

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Housing rebound a surprise in April

nashuatelegraph.com     May 17, 2008          

By MARTIN CRUTSINGER, The Associated Press WASHINGTON – Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. The Commerce Department reported Friday that housing...

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Housing posts big rebound in April WE'RE DOOMED!!

freerepublic.com     May 17, 2008          

ASSOCIATED PRESS - Construction of new homes posted the biggest increase in more than two years in April. While it was a rare bit of good news for the housing market, analysts said it's far too soon to declare an end to the extensive slump. The Commerce Department reported yesterday that housing...

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Thanks to apartments, construction of new homes has biggest jump in 2 years

star-telegram.com     May 17, 2008          

By MARTIN CRUTSINGER The Associated Press WASHINGTON -- Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. Analysts, however, played down the increase, noting that all...

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Housing shows a surprising rebound

telegram.com     May 17, 2008          

WASHINGTON— Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. Analysts, however, played down the increase, noting that all the strength came from the volatile...

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Economy sees surprise housing rebound

montereyherald.com     May 17, 2008          

WASHINGTON — Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. Analysts played down the increase, noting that all the strength came from the volatile apartment sector.

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NEW CONSTRUCTION HITS RECORD LOWS

nypost.com     May 17, 2008          

Bloomberg May 17, 2008 -- Construction of US single-family houses in April dropped to the lowest level in 17 years, even as building of condominiums and townhouses rebounded. Builders broke ground on 692,000 single-family homes at an annual rate, the fewest since January 1991, the Commerce...

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Condos lift starts, houses at 17-year low

thestar.com     May 17, 2008          

NEW LOAN WOES WASHINGTON–The head of the United States Federal Deposit Insurance Corp. says another wave of credit stress is coming, this time involving non-mortgage loans. Reuters News Agency Groundbreaking on U.S. homes hits two-year peak, building permits up for first time in five months From...

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New home construction up in April but market still grim

By Martin Crutsinger Associated Press WASHINGTON — Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. The Commerce Department reported yesterday that housing...

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Surprise rebound in housing, but outlook still shaky

WASHINGTON - Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. Analysts, however, played down the increase, noting that all the strength came from the volatile...

analysis/comments

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