Home building surges to a 4 year high

Discussion in 'Economy' started by Chris, Oct 17, 2012.

  1. Chris
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    Chris Gold Member

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    NEW YORK (CNNMoney) -- The housing recovery blossomed in September, as the pace of home building surged to a four-year high, according to a government report issued Wednesday.

    Builders started work at an annual pace of 872,000 homes last month, up 15% from the pace in August. They also filed for permits to build homes at an annual rate of 894,000, up 11.6% from the previous month. Both readings were the best since the summer of 2008, before the meltdown in financial markets that caused home lending and building to freeze up.

    Home building shoots up to 4-year high - Oct. 17, 2012
     
  2. SniperFire
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    SniperFire Senior Member

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    Home sales suck, and are less than half of what the should be.

    But thanks for bringing up another ObamaFail.

    LOL
     
  3. Chris
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    Chris Gold Member

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    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.

    Best car sales since early '08 - Oct. 2, 2012
     
  4. Bigfoot
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    Bigfoot NRA

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    My neighbor's house has been on the market for over a year. Things are tough.
     
  5. rdean
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    rdean rddean

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    Even higher then when we had a Republican President. Ooh, that's gotta hurt.
     
  6. hazlnut
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    hazlnut Gold Member

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    Troll someone else, asshole.

    You got contrary evidence or reports, post them.

    This is how forums work.
     
  7. Listening
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    Listening Gold Member

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    Why don't you do us a favor and GFY ?

    There is nothing worth posting against. The stats used in this argument don't mean crap on their own.

    Besides, we know Chris and RDean are the board liars....as well as jerkwads.
     
  8. auditor0007
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    auditor0007 Gold Member

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    Still a very long way to go, but at least things are headed in the right direction.
     
  9. SniperFire
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    SniperFire Senior Member

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    Child's play. LOL


    [​IMG]
     
  10. Sinjorri
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    Sinjorri Senior Member

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    thats gotta hurt. walmart low cost on vaseline if you want it to hurt less.
     

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