massive housing shortage- new govt report, page-32

  1. 368 Posts.
    "New construction of U.S. houses rose 9.3% in November to a seasonally adjusted annual rate of 685,000 - the highest annual rate since April 2010"

    What a coincidence that today the US has just announced:
    * EXISTING U.S. HOME SALES REVISED DOWN BY 14% FROM 2007-2010
    * EXISTING HOME SALES REVISED DOWN BY 15% IN 2010 TO 4.19 MLN

    You've gotta wonder how true any of the stats are for both the US and Aus
 
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