Wednesday, April 18, 2012

A Tale of Two Housing Markets: Single and Multi Family via CNBC

The numbers are in, the analysts are out, and given the volatility of this particular economic indicator, the spin is at full speed:

“Good News on Housing Permits More Than Offsets the Bad News on Starts”— HIS Global Insight

“Housing Starts Decline Again” – Capital Economics

“March Multifamily Starts Down; Permits Continue Upward Trend”— KBW

“March Construction Numbers Aren’t As Bad as They Look”— Trulia.com

“Housing Starts Lacking Consumer Confidence” — Sageworks Inc.

Here’s the problem: We are living a tale of two housing markets, single and multi-family. Depending on what kind of builder or investor you are, you’re going to see the housing starts numbers differently. Let’s weed through it first:

Read more...A Tale of Two Housing Markets: Single and Multi Family, US Business News - CNBC

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.