Who We Are US Division Canada Division Product Information Management Partners Careers Advertising Opportunities Press Releases Reed In The News
Construction Project Leads BIM SmartBuilding Index Construction Costs (RSMeans) Market / Predictive Analytics Building Product Information Daily Commercial News Journal of Commerce B2B Marketing Construction Market Research
SmartBIM Market Insights Connections RSMeans SmartBuzz accessArchitecture Green Construction US Construction Canadian Construction
Search Project Leads Building Product Information Regional News & Info Building Codes Building Cost Models Project Library by Building Type eNewsletters Blogs Ask Our Experts Events
Upload Plans & Specs
RSMeans Bookstore Preorder 2010 Cost Data SmartProject News

Residential market may be stabilizing

May 16, 2008 - Jim Haughey
Abstract:

Homebuilders cut housing starts 12% in March, attempting to match new home supply with still falling home demand. This latest cut will achieve a match only if new home quickly pick up from the recent low level. That is unlikely. While home completions are falling quickly, existing home sales are no longer falling and the combined inventory of new and existing homes for sales is also now declining, further small reductions in new home starts are likely necessary through the spring.

Comments
No comments posted for this article yet
Post Your Own Comments 
» Register or Login to post your comments on this article
   Community Login | Register

Search Site

Advanced Search


What's Hot

Take a Demo!


Recent News

E Newsletter

Do You Know?

RSMeans conducts onsite training seminars.

Request Information!


Resource Center

© 2009 Reed Construction Data Inc. All rights reserved.