Builder Optimism SIgnals U.S. Housing Starts Will Rebound

There’s a disconnect between builders’ views on the U.S. housing market and how it looks on paper. That may bode well for the industry.

Housing starts fell 9.3 percent to an 893,000 annualized rate in June, the weakest reading in nine months and due to a construction slump in southern states, figures from the Commerce Department showed today in Washington.