Builders broke ground on a seasonally adjusted 629,000 homes last month, a 14.6 percent increase from May.So we are "surging" to 50%!??! Talk about spin!
Still, that is roughly half the 1.2 million homes per year that economists say must be built to sustain a healthy housing market.
The truth is that we are so far down that when we are looking up we are still looking down!
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