Home Construction Slows and Builder Confidence Remains Low
Aug 21st, 2008 | By Gregory Arzumanov | Category: Housing NewsIn the current housing slump, construction has slowed significantly, and homebuilder confidence remains low.
The number of building permits for units of privately-owned housing built by a corporate developer fell nearly 18 percent in July from the month before, according to new residential construction data released yesterday by the U.S. Department of Housing and Urban Development. [...]