Drop in U.S. Housing Starts Due to Inflated June Figure, but Trend Still Downward

Drop in U.S. Housing Starts Due to Inflated June Figure, but Trend Still Downwardhttp://www.mortgagenewsdaily.com/8192008_Housing_Downtrend.aspDespite coming in slightly higher than was expected, housing starts still slid 11% to 965k in July, though economists say the drop is misleading given the artificially high reading in June. Last month, economists unanimously agreed that the headline indexenCommunityServer 2008 SP2 (Build: 31106.96)