"U.S. homes [did not] surge" as you have written. The article stated that "[g]roundbreaking on new U.S. homes" surged.U.S. homes surged in September to its fastest pace in more than four years.
Why not three years?
Why not two years?
Why not five years?
Why not 10 years?
If you are familiar with the most basic concept in Economics -- that The Market allocates scarce resources -- you would understand that the allocation has been to the greatest WEALTH CREATION in the entire history of the world by the > 121% increase in the equity markets during the past 3-3/4 years. That is why home values are "only" up 25% since the bottom of the Bush housing debacle in January 2009. Of course, with leverage the real return is closer to that same 120%. You can't fool The Market.