International Property Investment » property investing advice http://internationalpropertyinvestment.com Property Investment around the World - Buying Investment Properties Wed, 10 Mar 2010 12:12:40 +0000 en hourly 1 admin admin International Property Investment Blog No No Unexpected drop in US housing starts says Bloomberg and The Times http://internationalpropertyinvestment.com/unexpected-drop-in-us-housing-starts-says-bloomberg-and-the-times http://internationalpropertyinvestment.com/unexpected-drop-in-us-housing-starts-says-bloomberg-and-the-times#comments Wed, 20 May 2009 07:25:22 +0000 Mark Knowles
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http://internationalpropertyinvestment.com/?p=2499 Bloomberg, The Times and all the other major newspapers are apparently shocked thta there was a drop in US housing starts in April. According to Bloomberg yesterday:

U.S. stocks declined as banks fell after Moody’s Investors Service said commercial property values plunged and Home Depot Inc. retreated following an unexpected slump in housing starts.

And the Times ran with a similar lead in, which is entertaining because in March they reported “an unexpected rise in new home sales,” which apparently heralded  “the first tentative signs of economic “green shoots.”

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