housing starts surging. obama must have manipulated this number too......

Discussion in 'Politics' started by Free Thinker, Oct 17, 2012.

  1. housing starts surging. obama must have manipulated this number too. righties just know its not possible that the economy is turning and fast under obama.
    1. the markets are back.
    2. auto sales are back.
    3. retail sales are back.
    4. jobs are coming back.
    5. and now housing is coming back.

    things are starting to look good. why would we want to go to the snake oil ronmey is selling?

    Oct. 17 (Bloomberg) -- Housing starts in the U.S. surged 15 percent in September to the highest level in four years, adding to signs of a revival in the industry at the heart of the financial crisis.

    Beginning home construction jumped last month to an 872,000 annual rate, the fastest since July 2008 and exceeding all forecasts in a Bloomberg survey of economists, Commerce Department figures showed today in Washington. An increase in building permits may mean the gains will be sustained.

    “It’s no longer a question of whether the industry is rebounding,”

    California home prices in July reached their highest level since 2008, according to analytics firm DataQuick.

    Home sales in the Golden State went for a median price of $281,000 in July, up 11.5% from one year ago and 2.6% from the previous month. July marked the fifth-straight month prices rose from the same time last year.