29.11.2012 - Housing market recovery accelerating, now 47pct back to normal
Trulia‘s Chief Economist reveals the latest findings from the Trulia Housing Barometer. In October, the housing recovery made the biggest three-month jump to date, putting it near the halfway point now. Each month, Trulia’s Housing Barometer charts how quickly the housing market is moving back to “normal.” We summarize three key housing market indicators: construction starts (Census), existing-home sales (NAR), and the delinquency+ foreclosure rate (LPS First Look). For each indicator, we compare this month’s data to (1) how bad the numbers got at their worst and (2) their pre-bubble “normal” levels...............................................Full Article: Source
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