New Home Construction Down 20% in Region; Houses Being Built Are Bigger, More Expensive
The Milwaukee Journal Sentinel › September 13, 2006
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Summary
New housing construction has dropped by more than 20% in southeastern Wisconsin for the year through August, according to a report by MTD Marketing Services LLC.
The slump is in line with lowered expectations by home builders across the country. In mid-August, the National Association of Home Builders reported that its index of builders' perceptions of the market dropped to the lowest level since February 1991.See the full content of this document
Extract
New Home Construction Down 20% in Region; Houses Being Built Are Bigger, More Expensive
In the Milwaukee metro area, new home starts are running 21.6% behind last year as ...
See the full content of this document
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