Fewest homes built in 50 years

Mar 20th, 2009 by jon beebe in Uncategorized

In case you haven’t noticed, the economy is really slowing down. The BBC says that in January of 2009 there were only 477,000 new homes built in the US, the fewest in 50 years! At least February was better.

In January, the annual rate to fell to 477,000 homes, the fewest in 50 years…The January rate was the lowest since the US Commerce Department started keeping records in 1959.

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