Industry News

NAHB: Economy may be headed for ‘red zone’

Forecast anticipates 31% drop in single-family housing starts this year
Published on Feb 28, 2008

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by CareyBot

The chief economist for the National Association of Home Builders, in his latest annual forecast, said he expects total housing starts to fall 25 percent this year, with single-family starts plummeting 31 percent. “We still expect starts to begin edging ...