Wednesday, March 20, 2013

CHART: The Housing Recovery

The recovery is on. Housing starts climbed to a seasonally adjusted annual rate of 917,000 in February, up 0.8% from January. The February starts are up 27.7 percent from a year-ago .

(Chart via WSJ)


  1. Look, there up in the sky! It's a bird! It's a plane! No, it's Bernanke's Helicopter!

  2. Bob, it irks me that you and some other Austrians berate government statistics all the time, yet use them when it aids your argument. I think this is a big problem in current Austrian writings. It casts serious doubt over the arguments raised by yourself and many others. Of course the government statistics are saying housing is getting better. That's what they want people to perceive. Please stop citing propaganda such as this.