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
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