Why Lower Housing Starts Data is a Good Thing
Posted on September 09, 2010 at 14:16 PM EDT
Each month the U.S. Commerce Department reports the latest number of new housing projects. These results tend to get a lot of press, and unfortunately a lot of misguided commentary soon follows. In August, we got July numbers showing a housing starts decline of 3.1% from the previous month, and the fewest number of permits issued [...]