Each new housing data point is worse than the last, and they are prompting a leading industry analyst to say the market is in a correction. Single-family housing starts fell more than 13 percent last month from a year earlier, according to the U.S. Census. Building permits, an indicator of future construction, were down nearly 2 percent. This followed a sharp drop in homebuilder sentiment to the lowest level in more than three years, according to the National Association of Home Builders. "I definitely think we're in a correction," said John Burns, CEO of John Burns Real Estate Consulting. "Sales, according to ... (full story)