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U.S.Economy: 
Housing Starts Tumble 12% in April
Author: 123jump.com Staff
123jump.com
Last Update: 4:29 PM EDT May 08 2008



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In April the seasonally adjusted annual rate of urban starts edged down by 16.3% to 185,400 units compared to March. Urban multiples were also down to 113,900 in April from 141,000 in March. In addition, singles decreased 11.3% to 71,500 units. The seasonally adjusted annual rate of housing starts was 213,900 units in April, down from 243,000 units in March, according to Canada Mortgage and Housing Corporation

 

 

 

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