| 17.06.2011 - US housing construction shows signs of life |
| Homebuilding in the United States rebounded in May after a sharp drop in April as the distressed housing market struggles to climb out of collapse, official data showed Thursday. Housing starts rose 3.5 percent from April to a seasonally adjusted annual rate of 560,000, the Commerce Department said, topping economists' estimates. Building permits, a forward-looking indicator, jumped 8.7 percent to a rate of 612,000..............................................Full Article: Source |