Comments on: Housing supply depleted http://www.miamitodaynews.com/2014/02/19/housing-supply-depleted/ The Newspaper for the Future of Miami Wed, 29 Oct 2014 21:37:01 +0000 hourly 1 http://wordpress.org/?v=4.0 By: Frank http://www.miamitodaynews.com/2014/02/19/housing-supply-depleted/#comment-1384 Wed, 19 Feb 2014 18:56:49 +0000 http://www.miamitodaynews.com/?p=20760#comment-1384 Don’t look for more supply to come from developers. Here’s today’s news:

“U.S. housing starts fell 16% last month to a seasonally adjusted annual rate of 880,000, the lowest level since last September, the Commerce Department said Wednesday. That was down from an upwardly revised December rate of 1.05 million new homes built, marking the largest month-over-month decline since February 2011. Starts on single-family homes sank 15.9% in January to an annual pace of 573,000.” — The Wall Street Journal

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