From the Wall Street Journal:
Housing starts decreased 12% to a seasonally adjusted 947,000 annual rate, after falling 0.7% in February to 1.075 million, the Commerce Department said on Wednesday. Originally, Commerce reported February starts 0.6% lower, at 1.065 million. Building permits also dropped in March. (WSJ)
Twelve percent?!
Anyone really believe the housing slump is going to end any time soon?