market advice: Finding Truth In September's Housing Starts Report - Homes for Sale Modesto CA
- 10/20/11 08:22 PM
Finding Truth In September’s Housing Starts Report Homes for sale Modesto October 20, 2011 in Housing Analysis (0 Users) Headlines in newspapers can be misleading — especially with respect to housing figures. Media coverage of the most recent Housing Starts data serves as an excellent illustration. Wednesday, the Census Bureau released its September Housing Starts report. In it, the government said that national Housing Starts rose 15 percent in September as compared to August 2011, tallying 658,000 units on a seasonally-adjusted annualized basis. The September reading is the highest monthly reading since April 2010, the last month of last year’s home buyer tax credit. (1 comments)