You're going to make Flack really mad.WASHINGTON (MarketWatch)— Construction on new homes rose in October to the highest rate in more than four years, government data showed Tuesday, in another sign of a strengthening U.S. housing market.
Housing starts rose 3.6% last month to a seasonally adjusted annual rate of 894,000, the highest rate since July 2008, the U.S. Department of Commerce reported. Starts are up 42% from last year, though the rate remains far below a bubble peak of almost 2.3 million in 2006.
Slowly shedding the effects of the Bush debacle.
He hasn't recovered yet from the sock market not tanking on Friday.