Chris' housing thread.

Chris

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May 30, 2008
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Housing starts up 29%

NEW YORK (CNNMoney) -- The U.S. housing industry -- crucial to any jobs recovery -- showed more signs of strength, according to two reports issued Wednesday. The Census Bureau said housing starts and permits rose substantially in August. Separately, sales of previously occupied homes climbed 7.8% from a year ago, according to the National Association of Realtors.

Builders started on new homes at an annual rate of 750,000, up 29.1% compared with a year earlier. They applied to build another 803,000 new homes on an annual basis, a 24.5% jump compared with August 2011.

Car sales up 13%

NEW YORK (CNMoney) -- U.S. car buyers flooded showrooms in September, sending auto sales to their highest level in more than four years. Overall sales were were up 13% from a year ago, according to sales tracker Autodata, which put the pace of sales at an annual rate of just under 15 million vehicles.

Home construction, sales showing some strength - Sep. 19, 2012

Best car sales since early '08 - Oct. 2, 2012
 
Housing market still strugglin'...
:eusa_eh:
US Home Sales Fell in December
January 22, 2013 - U.S. home sales declined in December, but were still well above the same period one year ago.
Tuesday's report from the National Association of Realtors shows December's sales of previously-owned homes fell by one percent from the previous month. If homes sold at December's rate for a full year, slightly more than 4.9 million homes would change owners.

Experts say December is an exception to a generally improving trend in the housing market, which is bolstered by record-low mortgage rates and improving employment. Severe problems in the U.S. housing market played a key role in the financial crisis.

The gradual healing of the housing market may be one reason that Americans are growing less pessimistic about the economy. A report from the Gallup public opinion polling agency says economic confidence has improved over the last few weeks, after falling amid worries about political bickering in Washington.

US Home Sales Fell in December
 

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