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says housing starts fell to an annualp rateof 458,000, led by a 46 percen decline in construction of apartments and condos. Building permita fell 3.3 percent to The Commerce Department also revisex lower housing starts datafor March. The slowdownn in construction follows a report Monday from the that showes confidence among home buildereis rising. Its confidence though still indicating the majority of thosr asked see conditionsas poor, rose for the seconrd straight month this month. It was the highestf level of confidence among home builders in eight Tighter lending standards continue to straihousing sales, and foreclosures are weighing on housing values.
But by some measures, home sales are A gauge that measures pending salezs of existing homesrose 3.2 percent in and posted its first consecutive gain in pending sales in almost a
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