Housing starts
Building in United States continues to show very fast pace. It looks like this year is going to be a record year in housing starts. However the growth has slowed down and seems to have peaked. Furthermore the amount of building permits has dropped, which indicates that in the future the construction sector is not breaking any more records. I wonder what is the share of log homes and log cabins of all those starts? Aftermath of Katrina can show as a spike, but it is difficult to factor it into estimate numbers. More at Bloomberg.
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