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U.S. Housing: Is The Recovery Real


By Bubbabear   Follow   Thu, 7 Mar 2013, 9:54pm PST   237 views   0 comments
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http://www.counterpunch.org/2013/03/08/us-housing-is-the-recovery-real/?utm_source=rss&utm_medium=rss&utm_campaign=us-housing-is-the-recovery-real
There’s no doubt that housing prices are going up. According to Corelogic, home prices have risen nearly 10 percent in the last year. And sales have been improving, too. In fact, in the last year alone, sales for new “single-family” homes are up 28.9 percent (437,000 homes) while sales for existing homes have increased by 9.1 percent year-over-year. (4.92 million units)

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