Housing starts rise 14.6%

[Waqar Quraishi]

Housing starts rise 14.6% to a five month high.

http://www.census.gov/const/newresconst.pdf

[Gary Farnsworth]

Tornado and flood damaged homes. New permits on these homes get counted. Numbers are always mis-leading.

[Brian A. MacNeish]

Originally Posted by wquraishi

Housing starts rise 14.6% to a five month high.

http://www.census.gov/const/newresconst.pdf

So full time, non-service industry jobs aren't are barely increasing, there's no real stimulus happening, there are millions of foreclosed houses in reserve owned by banks and new house construction is up................?????????

[Waqar Quraishi]

It is no doubt that it is incomprehensible to many. How else mystery might unfold until it becomes the obvious and the obvious, a mystery?

[Jeff Merritt]

Also permits for new apartment buildings.

[Waqar Quraishi]

FHFA House Price Index Rises 0.4 Percent in May;
Second Consecutive Monthly Increase

http://www.fhfa.gov/webfiles/21746/HPI72111.pdf