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New construction of buildings with 5 or more units increased surged 80% to 212,000 from 118,000 in January.
Applications for building permits, considered a reliable sign of future construction activity, rose 3% to a seasonally adjusted annual rate of 547,000 last month. Economists were expecting permits to fall to 500,000.
While the surge in new construction was a welcome sign for the nation's battered housing market, analysts warned that the increase could be short lived.
With new home sales still falling and the months' supply at a record, there is no reason for homebuilding to rise," wrote Ian Sheperdson, chief U...
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Common topics in this essay:
- Dummy
- Summary of We've Got Mail Always
- CRM and Direct Mail
- Direct Mail
- E-Mail Privacy
- E-mail policy
- Is Royal Mail justified in offering and promoting its direct mail services?
- junk mail
- Setting Up A Dummy Corporation...
- We've Got Mail - Always
- mail mail
- Yahoo Mail
- synapsis of you've got mail
- e-mail and electronic mail
- Privacy is becoming an important issue relating to the use and abuse of information technology. We suffer unsolicited phone calls and e-mail. We get junk mail and other communications when our names and addresses are sold, traded or ...
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