« Fannie Mae relaxes loan down-payment requirements (Reuters)
Morgan Stanley cut 1,500 jobs this week: source (Reuters) »

Surprise rebound in housing, outlook still shaky (AP)

Workers build a new home in Palo Alto, Calif., Wednesday, May 7, 2008. Construction of new homes posted the biggest increase in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades. (AP Photo/Paul Sakuma)AP - Construction of new homes increased by the biggest percentage in more than two years in April, a rare spot of good news amid the worst downturn in housing in more than two decades.

This entry was posted on Friday, May 16th, 2008 at 5:08 pm and is filed under Articles. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Leave a Reply