Jan
22

Housing Hoedown

After rising by 28% in 2012 and 18% in 2013, the 923,000 housing starts in 2013 were the sixth lowest amount since record keeping began in 1959, with only the prior five years being worse. As for single-family starts, despite having risen by 24% in 2012 and 15% in 2013, they came in at 618,000, the fifth worst year on record, with only the prior four years being worse.

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  1. Hi Elliot,

    As an econ professor once told me, torture numbers long enough and they will tell you anything!! The media never lies, it just doesn’t tell the whole story!!

    All the best,

    Bruce

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