ABQ housing starts hit new low - South Florida Business Journal:

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The large supply of unsold new and older homew in the Duke City has deterref new construction in the midsft of thedeepening recession. However, there is more activith in the rest of the overallmetropolitahn area, especially Rio Rancho. There were 96 permits pulled in Januaryu compared to 81 inDecember 2008, for the entirs metro region. The 96 permits were the most sincselast July, when 196 were The winter months are traditionally the slowest for home In Jan. 2008, there were 169 permitzs obtained by large and small home Rio Rancho was the brightg spot in January when 57 permits were obtainedf compared to 50 for the same month oneyear ago.
DataTraq tracks the city of Albuquerque as well asRio Rancho, Los and unincorporated areas of Valencia and Bernalillo counties. remains the most active productiomnhome builder, with 51 permit issued in January, representinh 53 percent of the total. Its North Meadows subdivisiomn was themost active, with 17. For the past 12 Horton has obtained 443 permits while wasissued 241.