Showing posts with label Census Bureau. Show all posts
Showing posts with label Census Bureau. Show all posts

Friday, May 16, 2014

Jeff Gundlach's, "We'll never see 1 million housing starts in my lifetime," smashed 10 days after he spoke it

Oh well, that didn't take long. Another "genius" hedge fund manager bites the dust on another ridiculous prediction.

I wrote about this one here.

Today's report:

HOUSING STARTSPrivately-owned housing starts in April were at a seasonally adjusted annual rate of 1,072,000. This is 13.2 percent (±13.6%)* above the revised March estimate of 947,000 and is 26.4 percent (±11.8%) above the April 2013 rate of 848,000.

Here is the link at Census.gov.