Housing data grow, but slowly
Posted April 21, 2011 5:55 p.m. EDT
According to the Commerce Department, housing starts rose 7.2 percent in March to an annual rate of 549,000 units. Unfortunately this increase did not translate into happy homebuilders.
According to the National Association of Homebuilders, sentiment within the group is being viewed as unfavorable towards current conditions as well as those conditions for the next six months.