New U.S. housing starts in October unexpectedly fell to their lowest level in six months, weighed down by a sharp decline in construction activity for both single-family and multi-family dwellings, a government report showed on Wednesday.
Meanwhile, the Israeli housing market is booming, with the "construction of 900 additional housing units in a Jewish neighborhood in East Jerusalem, which Palestinians claim for the capital of their future state."
Israeli Prime Minister Benjamin Netanyahu: The status of Jerusalem is not open for negotiation.
Robert Gibbs: We are dismayed. How can Benny boy expect to keep the peace when he is not bowing to the Palestinians in supplication, weakness, apology, and surrender?
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