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News

Home Builders group gathers, has auction (The Index-Journal)
Lakelands Home Builders Association made donations to state Sen. Billy O’Dell’s election campaign, as well as to G. Frank Russell Career Center. From left, front row, are O’Dell (District 4), Robby Corley and Wayne Hannah. Back: Mark Nix and Chuck Graves.

April housing starts rise best since Jan. 2006 (Los Angeles Times)
WASHINGTON -- Construction starts on new U.S. homes rose by a surprisingly strong 8.2% in April and applications for new building permits turned up for the first time in five months, the Commerce Department said today in a report showing the hard-hit housing sector still had some spring vigor.

Demand for social housing 'to soar' (AFP via Yahoo! News)
The number of people on social housing waiting lists could rise by up to one million by 2010 because of the credit crunch, the Local Government Association warned Friday.

CNY home builders support 1,700 jobs (The Post-Standard)
As a group, Central New York home builders employ more people that most of the area's major manufacturers more than Welch Allyn, L & J.G. Stickley or Anheuser-Busch.

Governor defends agreement with home builders (The Yuma Sun)
Phoenix - Gov. Janet Napolitano is defending an agreement she made with home builders to take them off the financial hook for new road construction in exchange for a campaign contribution to the cause and a separate political deal.

Senators say have accord on housing rescue (Reuters via Yahoo! News)
Leaders of the U.S. Senate Banking Committee said on Thursday they have agreed to the underpinnings of a housing rescue plan that will create a federal backstop for failing loans.

CREA reports record number of new MLS residential listing in April (Canadian Business)
Eric Shackleton, The Canadian Press May 14, 2008 - 5:51 p.m. TORONTO - New listings of homes for sale on the Multiple Listing Service in major markets in Canada reached their highest level ever in April thanks to Toronto and Saskatoon, the Canadian Real Estate Association reported Wednesday.

Home builders grow more pessimistic in May (USA Today)
Home builder sentiment fell for the first time in four months in May, edging closer to the record low set in December, as market conditions continued to worsen, an industry group said Thursday.

Homes for sale number rises to above 1m (Daily Telegraph)
More than one million unsold properties are on the market, as homeowners take the longest time on record to sell their homes.

US housing starts jump 8.2% in April (AFP via Yahoo! News)
US housing starts and permits showed a surprisingly strong jump in April, signaling a glimmer of hope in the troubled housing market, government data showed Friday.

Home Builders Association endorses Lenthall, Ovitt and Arnold (The San Luis Obispo Tribune)
Supervisor candidates Jerry Lenthall, Harry Ovitt, and Debbie Arnold have won the endorsement of the Home Builders Association of the Central Coast in the June 3 election. Incumbents Ovitt and Lenthall and challenger Arnold “recognize that meeting the housing challenges of today and tomorrow requires balancing competing interests and making sure that we really plan for and meet the current and ...

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