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Archive for June 16th, 2010

16
Jun

New Housing Falls to Five-Month Low

housing starts

housing starts

In my post yesterday (San Diego California Home Prices Increase), I said how the true San Diego re-sale prices  and market activity will not be reflected until July sales are reported in August. I also said how it looked like real estate activity was slowing after the government tax credits expired. Today’s housing starts data supports my idea of a slowing real estate market that seems ready for a double-dip.

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