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On a year-on-year basis, before this number was released, housing starts are down 11 percent. So you can see they've gently rolled over, showing higher interest rates are taking their toll on some parts of the housing industry.


Kathleen Camilli

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Earlier in the year when we had a high interest rates, the sentiment was that housing would slow dow...
MARIA FIORINI RAMIREZ The strength of the housing market this year continues to surprise, despite rising home prices and s...
GREGORY KLUMP The decline in starts shows that higher interest rates are impacting the housing market. That is a s...
JAMES CARON The hype is off the housing market. Prices are high. Interest rates are climbing. Housing needs to c...
JAY BUTLER Housing starts across Canada remain strong and are on track with our expectations for the year.
BOB DUGAN Higher interest rates are beginning to take a toll on how people view their finances. Mortgage rates...
VINCENT BOBERSKI That said, January housing starts were the highest in over 20 years, and that is based on higher rat...
FRANK NOTHAFT That said, January housing starts were the highest in over 20 years, and that is based on higher rat...
FRANK NOTHAFT Despite the gradual rise in mortgage rates over the last two months, housing starts were actually up...
FRANK NOTHAFT The drop in mortgage interest rates is offsetting higher home prices, so housing affordability condi...
MARTIN EDWARDS Since the Reserve Bank of Australia raised rates in March, the housing market has just been going si...
MICHAEL EVERY The fear of higher U.S. rates is taking its toll on the Dow Jones and on us. Coming on the heels of ...
ISABEL LEMOS When regulations on the housing industry are reasonable, the cost of housing goes down. Regulatory r...
RANDY NEUGEBAUER All forecasts are for interest rates and mortgage rates to go up a little bit again this year. It co...
KATHY DECK Energy price volatility is taking its toll on consumer confidence, as is the prospect of higher [int...
JENNIFER LEE The onset of 2005 bodes well for the housing industry. Long-term mortgage rates are currently below ...
AMY CUTTS The onset of 2005 bodes well for the housing industry. Long-term mortgage rates are currently below ...
AMY CREWS CUTTS The bulls basically hoped for a number showing housing is eroding, and they didn't get it. I'm not s...
BOB WALTERS Despite oft-mentioned concerns about higher energy and commodity prices, a lower growth rate for con...
DONALD A. NORMAN I think the Fed is going to raise interest rates over the rest of this year. I think it will go up a...
FRANKLIN RAINES There is no denying that 2005 has been a tremendous year for the housing industry. Very favorable in...
DAVID PRESSLY Importantly, on a year-over-year basis, the core CPI continued to inch higher,
DAVID ORR On a net, net, net basis, if you look at all the increases this year and look at after the sale, ......
BOB HARRELL Even though Albertson's down and the index is down from the 52-week high. Year to date, both the gro...
ASMA USMANI If rates move up, housing will move down. But as long as we see relatively low interest rates and em...
GREGORY GIEBER The Commerce Department report on housing starts showed a considerable drop in starts in November. H...
FRANK NOTHAFT We've thought for a long time this housing cycle was a little different from those of the past, in t...
DAVID JORDAN With the overall CE industry expanding 11 percent on a revenue basis in 2005, it is understandable t...
SEAN WARGO When one looks at the MBA data that reveal that applications for the purchases of new homes are down...
ANTHONY CHAN Investors are focusing on the new home sales figures after housing starts were so strong. Strong num...
MICHIYOSHI KATO With interest rates on their way down (in the U.S. and the euro zone), large parts of the financial ...
JASON JAMES Like the rest of the economy, the housing market is clearly showing the effects of the Sept. 11 atta...
BRUCE SMITH We know we have a housing crisis. We know our housing programs are excellent. We have the money to u...
JAIMIE ROSS As long as housing prices don't go down, consumers have more equity they can borrow against. If mort...
PETER MORICI Up until last year, there was a cap on the number of students that could leave a particular district...
JOE DONOVAN The Fed has been singularly unsuccessful in cooling down the hot U.S. housing market, primarily beca...
NARIMAN BEHRAVESH The housing starts figure coming in down 5.6 percent was weaker than expected and seems consistent w...
PATRICK FEARON Folks we see (at KellyUSA) who were in public housing in New Orleans can get vouchers for public hou...
SAN ANTONIO We expect to see continued, although slower growth in housing. Higher interest rates will tend to da...
BILL CONNORS If housing costs are going up by double-digits every year and wages are going up 2 or 3 percent a ye...
BOB STROH Yields on Treasuries have risen and some people are thinking this signals higher interest rates in t...
MARCELO RIBEIRO Freddie Mac's own economic forecast calls for a mild and gradual increase in 30-year fixed-rate mort...
FRANK NOTHAFT The mobile phone market will see a growth of over 50 percent year-on-year in the next two years. The...
KOBITA DESAI I've been negative on the industry outlook for quite some time. I think next year is going to be a d...
LAWRENCE HORAN That is really the only sector in this employment outlook where you can see a softening that is carr...
JONAS PRISING The report illustrates the fact that housing is not defying gravity and is not likely to do so this ...
ANTHONY CHAN It was no great surprise that housing starts rose for the second time in three months since mortgage...
FRANK NOTHAFT Even with the higher number of residential sales in March, total sales for the first quarter showed ...
HARVEY SHAPIRO The end of the housing boom doesn't mean the end of house appreciation. Instead of going up 20 perce...
ARA HOVNANIAN The housing sector has likely passed its peak. The boom is winding down. I expect continued softenin...
DAVID LEREAH It was in a market that was growing but has declined, at least as far as housing starts. What it all...
JEFF NOBERS I was getting long all morning, because I can tell you the new houses on my street are not selling. ...
FRANK HSU We expect housing activity to drop about 8 percent this year -- it's primarily because of the invest...
DAVID BERSON The short-term interest-rate level at 4.25 on fed funds provides mortgage rates which definitely won...
KIT JUCKES It boils down to housing affordability; mortgage rates have risen, but they're still historically ve...
SUNG WON SOHN The California housing market continues to experience year-over-year double-digit price appreciation...
VINCE MALTA It used to be that spending more than 30 percent of your income on housing costs was a major cost bu...
BRUCE NISSEN Many local officials have punted, saying this is a federal issue and we can't do anything about it. ...
STEVE LEVY The major components of inflation for us are energy costs and housing costs and medical costs, and I...
ESMAEL ADIBI This is in line with our expectation that demand for new housing would 'cool off' towards the end of...
BRIAN BETHUNE With well over 50 percent of the housing starts happening in the West Valley, we have been very bull...
DAVID LARCHER Utilities used to provide reliable service in return for higher rates, ... But with the restructurin...
GREG WILLIAMS The market's pretty confused but I don't think anything will happen this year because there are oppo...
LUKE SHEARER Housing may get another mini boost from the recent drop in rates. These data do lag a bit. Still, it...
ROBERT BRUSCA You look at this and all you can say is, yes, monetary policy remains accommodative, it's not even n...
JOHN LONSKI You look at this and all you can say is, yes, monetary policy remains accommodative, it's not even n...
JOHN LONSKI People still see the likelihood of a rate cut this year and certainly not an increase in rates. Ster...
ADRIAN SCHMIDT A good number will confirm the upward bias for interest rates and higher rates are a headwind for eq...
HANS OLSEN The days of the housing boom are over. It doesn't appear to be this burst bubble that everybody was ...
GLENWORTH RAMSAY It's pretty clear that housing is slowing. Rising mortgage rates and the very fast rising homes pric...
CELIA CHEN Here's a top tip: get hold of a hardback edition of one of these pompous books, cut out the middle c...
A. CRETAN Rising long rates threaten the bellwether housing industry as well as consumer spending. The higher ...
LARRY WACHTEL We plan on doing some work to it this year. We're here to see what we can see. There are a lot of po...
DON GREEN People are looking at today's housing data just to see if a drop in the existing number is actually ...
BILAL HAFEEZ I do not think this is indicative of housing being strong, but rather that fact that people are expe...
CELIA CHEN For the first week, viewing levels were up on a weekly basis from last year and the year before, abo...
DAVID POLTRACK The key message is housing market activity has improved significantly into the second half of this y...
ALAN CLARKE Since the demand will keep mounting in the market, the prices could jump more than 3 percent on a ye...
DAVID KIM This is a dollar-positive move across the board. It puts perhaps additional interest-rate hikes on t...
GREG SALVAGGIO If they go over the fair-market value then they are on their own. It's difficult (here) to find the ...
JAMES SHEBL It's significant for the outlook for the economy if housing approvals turn the corner. In the second...
ANDREW HANLAN We're really going to have to wait to see the employment number at the beginning of the month. That'...
DON KOWALCHIK We think inflation in the middle of this year will be back below target. We are likely to see 5 perc...
DAVID BRICKMAN Some of the kids are doing this year what somebody like Ian (Tracy) was doing last year. He's on the...
JOSH FLOETKE The increase in orders is particularly welcome. The bond market may like the fact that the prices pa...
CARY LEAHEY We believe that the market demand is approximately flat on a year-over-year basis.
JUDY BRUNER For 2006 as a whole, the first quarter should prove a one-hit wonder, as higher debt payments, energ...
LESLIE PRESTON Either the forces of economic development are going to go elsewhere or they will have to create affo...
GEORGE ROMAGNOLI Interest rates aren't as critical since half their customers pay cash for their purchases. That prot...
JAMES MCBRIDE Housing has led our nation's economic expansion over the past few years, accounting for 16 perce...
RANDY NEUGEBAUER Our revenue grew 7 percent on an organic basis this quarter, ... We are confident EDS' revenue perfo...
DICK BROWN The interest rates are at its lowest point now because of the economic turmoil. People in the market...
ZENG HAN JUN The outsized gain in housing starts was influenced by the same variable dominating most of the other...
ANTHONY CHAN We see a flattening of housing starts and the beginning of a cooling process.
DAVID SEIDERS Any change in rates on home equity lines is directly related to the actions of the Fed. On average, ...
FRITZ ELMENDORF Whether you look at the core personal consumption expenditure index on a monthly basis or a year ove...
PATRICK FEARON He's over 90 percent on the year. There was not much doubt.
NICK HOLMES We are still seeing solid jobs growth and incomes are improving. That helps demand for housing, alon...
BOB CUNNEEN Credit losses are very low now, but mortgage lenders need to be prepared for higher losses, ... Home...
DONALD POWELL Interest rates probably aren't high enough. The Bank of Canada will keep raising until it sees some ...
FRED PYNN

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KATHLEEN TURNER Louisiana is in line for a possible direct hit. We know that we're going to take the brunt of it.
KATHLEEN BLANCO I'm just as pleased as I can be that we were able to expedite the process of getting a Louisiana fir...
KATHLEEN BLANCO The devastation is greater than our worst fears. It's totally overwhelming.
KATHLEEN BLANCO Perfection, in a Christian sense, means becoming mature enough to give ourselves to others.
KATHLEEN NORRIS Hate is all a lie, there is no truth in hate
KATHLEEN NORRIS In any free society, the conflict between social conformity and individual liberty is permanent, unr...
KATHLEEN NORRIS Just the knowledge that a good book is awaiting one at the end of a long day makes that day happier
KATHLEEN NORRIS To children childhood holds no particular advantage.
KATHLEEN NORRIS There are men I could spend eternity with. but not this life.
KATHLEEN NORRIS Get a girl in trouble, then get her out again.
KATHLEEN NORRIS Changing husbands is only changing troubles.
KATHLEEN NORRIS We have witnessed the most extraordinary devastation. The magnitude of the situation is unbelievable...
KATHLEEN BLANCO You have to fall in love with yourself before anyone will fall in love with you. Define yourself by ...
KATHLEEN MARVELLI We've been consolidating radar services literally for decades. When we do this, we make optimum use ...
KATHLEEN BERGEN I could stand here and recite statistic after statistic, indicator after indicator but I don't need ...
KATHLEEN BLANCO Poverty is everyone's problem. It cuts across any line you can name: age, race, social, geographic o...
KATHLEEN BLANCO I know that government doesn't have the all solutions that real solutions do not come from the top d...
KATHLEEN BLANCO It is just totally overwhelming.
KATHLEEN BLANCO Slowly, gradually, we will recover; we will survive, we will rebuild,
KATHLEEN BLANCO To kick us when we're down and destroy hope... is absolutely unthinkable,
KATHLEEN BLANCO He asked me, so of course I came. And it's also something I like to do. I've read a fair number of s...
KATHLEEN CHALFANT If your best friend gets it, that's all that matters.
KATHLEEN HANNA I don't care about the marketing possibilities inherent in being the girl from Bikini Kill doing a s...
KATHLEEN HANNA I wanted to make something that I wanted to hear that I wasn't hearing.
KATHLEEN HANNA I'm just working and having a good time and seeing what develops, which is so awesome, because you d...
KATHLEEN HANNA Such falsehoods and misleading statements, made under oath before Congress, are shocking, ... It cle...
KATHLEEN BLANCO It's always a miracle that anything gets up. [British director] Michael Blakemore said to me once, '...
KATHLEEN MARSHALL I think they're lucky if they break even.
KATHLEEN MARSHALL The right to vote is one of our most fundamental rights in a democracy. After people have completed ...
KATHLEEN TAYLOR