Starts/Permits/Chain Store
May 19, 2009 at 09:39 AM EDT
Karim writes: Safe to say we have corrected for the 65.6% rise in multi-family starts in February as we have now had back-to-back months of -46.1% (today’s #) and -23.0% Single family starts up 2.8% in April and overall starts -12.8% Permits, a leading indicator of starts, -3.3% overall, +3.6% single family, and -19.9% multi-family Single family starts -45.6% [...]
