Housing Starts in U.S. Fell to 593,000 Pace in May (Update2)

Housing Starts in U.S. Fell to 593,000 Pace in May (Update2)
Builders broke ground on fewer U.S. homes in May than anticipated after the expiration of a tax credit, indicating the real-estate market will struggle without government incentives.

Read more on BusinessWeek

Related posts:

  1. Tax credit keeps housing market rolling through April
  2. Banks Face Short-Sale Fraud as Home ‘Flopping’ Rises (Update2)
  3. Housing market gets boost
  4. Tax Credit Frenzy Lifts Housing Market
  5. Canada housing starts lower than forecast in May
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