New Homebuilding Fell 24 Percent In 2007, Largest Decline In 17 Years : News Photo

New Homebuilding Fell 24 Percent In 2007, Largest Decline In 17 Years

Credit: 
Joe Raedle / Staff
MIAMI - JANUARY 17: Construction workers build a new home January 17, 2008 in Miami, Florida. The Commerce Department released figures showing that new home construction is down 24.8 percent from 2006. (Photo by Joe Raedle/Getty Images)
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MIAMI - JANUARY 17: Construction workers build a new home January 17, 2008 in Miami, Florida. The Commerce Department released figures showing that new home construction is down 24.8 percent from 2006. (Photo by Joe Raedle/Getty Images)
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Date created:
January 17, 2008
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79070930
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Construction workers build a new home January 17 2008 in Miami... News Photo 79070930Building,Buying,Construction,Crisis,Economy,Florida - USA,Home,Miami,Money,Occupation,Recession,USAPhotographer Collection: Getty Images News 2008 Getty ImagesMIAMI - JANUARY 17: Construction workers build a new home January 17, 2008 in Miami, Florida. The Commerce Department released figures showing that new home construction is down 24.8 percent from 2006. (Photo by Joe Raedle/Getty Images)