“Home resales rose in August to their highest rate in more than two years and groundbreaking on new homes also climbed, signs that a budding housing market recovery is gaining traction. That was well above economists’ expectations and the fastest rate since May 2010 when activity was being supported by a home-buyer tax credit. The U.S. economy has grown at a lackluster pace this year and has struggled to create jobs, but the housing sector is a relative bright spot for the first time since the 2007-09 recession.”
http://www.reuters.com/article/2012/09/19/us-usa-economy-housing-idUSBRE88I0OR20120919
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
U.S. Postal Service Logging All Mail for Law Enforcement
U.S. Demands Wells Fargo Records To Identify Tax Cheats Using Caribbean Havens
U.S. Regulators Mull Yanking Access To USD As Punishment For Banks
Alibaba to boost IPO size on "overwhelming" demand
Why Is Chicken More Expensive? Media Blames McDonald's
Investors in Hot IPOs Are Overlooking Some Serious Risks
Cat caught smuggling banned cell phones into Russian prison
Turns Out British Spies Were Giving Bags of Cash to Karzai, Too
Ex-U.S. officials hail Japan's decision on collective self-defense
Spain bans e-cigarettes in public spaces
Official refuses to resign after saying Japan should follow Nazis’ constitution overhaul
John McAfee reveals details on gadget to thwart NSA
Credit card security is broken. Here’s how Bitcoin could help fix it.
Top EU official: Cyprus bank rescue new template
Dollar Shortages Spread Amid Russian Ruble Collapse