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U.S. Housing: Is The Recovery Real

By Bubbabeefcake   2013 Mar 7, 9:54pm   ↑ like (1)   ↓ dislike   351 views   0 comments   watch (0)   share   quote  

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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