Housing Starts Show Glimmer of Hope in May
By Randy Fischer on June 30th, 2011Housing Starts.May2011Housing Starts rose 3.5 percent to a 560,000 unit pace in May, which was well above expectations. Gains were broad based with single family increasing 3.7 percent and multifamily rising 2.9 percent. While the increase is encouraging, starts remain at extremely depressed levels and any recovery will be long and arduous. Single-family starts, in…



