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Blog
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As if builders and integrators needed more confirmation of the housing slowdown, the market indicators for the month of May reveal the industry continues to bleed.
Total housing starts are down 36 percent with single-family housing down 40 percent. There are, however, some glimmers of hope. MDU starts, however, are actually up 10 percent.
Sales of new homes were down 37 percent compared to May 2007, with the Northeast experiencing the worst drop (50 percent).
All of the housing, real estate and banking organizations surveyed are predicting a turnaround for 2009 of between 5 percent and 20 percent.
The data also reports areas like California and Florida are in the doldrums, but other parts of the country have actually increased in housing starts.
Download this paper and get all the housing market data.
We are pleased to offer the CE Pro CEDIA Guide, packed with new products and other useful news about CEDIA Expo 2009. It is a companion piece to our special section, CEDIANews2009.com.
A comprehensive list of 206 distributors, including 39 which upgraded to share shipping policies, credit terms, products mixes and even their Twitter addresses.
The front projector category — is doing its part to build the custom installation industry's client base. This year there's a $185,000 model from Meridian as well as a $1,295 model from Sanyo. See those products and more in this year's "Ultimate…