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Despite weakness in May and June, housing starts will increase 15% this year, according to a consensus of housing economists.
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WASHINGTON - The Obama administration's effort to help those at risk of losing their homes is failing to aid many and could spur a rise in foreclosures that would further depress the housing industry.
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Single-family permits slide to lowest level of activity since April 2009.
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Experts suggest drop is “payback” for the now-expired housing tax credit.
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Jun. 15--While home construction is still far off the pace of a few years ago, it continued to improve in greater Milwaukee and most of Wisconsin's other major metro areas during May.
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Home completions rise as permits issued fall as home buyer tax credit expires.
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Economist predicts a return to "normal" in 2012, with some caveats.
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It’s not a mistake: The industry’s longtime major players didn’t make the 2010 rankings.
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Multifamily construction brings overall housing starts up 1.6% in March.
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FMI sees consistent climbs in single-family building, home updates and renovations.
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Experts say winter storms in South, Northeast affected construction activity.
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Single-family permits stay steady at seasonally adjusted rate of 507,000.
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Economists predict new-home building won't snap back as quickly as it has after previous housing recessions.
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We single out the builders and suppliers that should make some noise this year.
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Starts also rise 8.9% to seasonally adjusted pace of 574,000.
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Single-family permits remain flat at seasonally adjusted pace of 451,000.
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Single-family starts rise 3.9% on a monthly basis.
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As a demographer, Dowell Myers says he can predict things with certainty. Economists, he says, can barely forecast where interest rates are going over the next three months. “But I can look at someone in the audience and predict with some confidence that in 10 years, they will be 10 years older.”
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Builders will soon need to replace inventory, even if demand for homes remains relatively stable.
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Single-family sector dips in permits, starts.