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Housing starts rise in Sept.

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Housing starts rise in Sept.; wholesale prices dip – Yahoo! News.

Just a quick update on the Housing markets, a rise in new construction just slightly. Again you have heard me complain how they determine new construction for an indication on the housing market, but whatever.

This does not surprise me that construction saw a jump this last month. It also doesn’t surprise me that building permits are down right now, logically we are entering the holiday season. Historically speaking this happens every year. So this is not out of the norm. I think we are going to continue to see a slight slump through the holiday season, and we will see a jump come the second or third week of January 2010.

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