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stanhouseman's Blog

By Stan Houseman | Broker in Portland, OR
  • Housing starts cause Wall Street to rise!

    Posted Under: Market Conditions  |  March 17, 2009 6:34 PM  |  1,328 views  |  No comments


    In Today's headlines:

    Wall Street resumes rally following housing report

    Stocks regain momentum after better-than-expected housing report; Dow jumps 179 points


    Surprise jump in housing starts ignites Wall St. rally

    and

    Oil rises as U.S. housing data lifts markets

    and

    U.S. housing offers hope for economy

    Reuters


    Housing starts surge 22% on apartment building

    Single-family building permits rise 11% in February

    By MarketWatch

    This doesn't surprise me as Real Estate relates to many other businesses, occupations, workers, etc. as I stated in another blog.


    To build, sell/buy a home requires a multiple number of services, suppliers, businesses and industries 

 
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