1.5M units is considered healthy? But there is a huge glut of empty, foreclosed, vacant units that need to be dealt with. And millions of units that underwater sellers are trapped in. In 2008 500k units were built. And now it's 900k approx? Woohoo.

Carpenters, plumbers and electricians go forth, and may your paychecks ripple! Makers and sellers of appliances and furniture, ready your wares! From curtains to carpet, windows and lawn care, new construction's a money seed from which good things grow.

At least undocumented workers doing "jobs Americans won't do" are finding employment.

"Activity is still well below the roughly 1.5 million rate consistent with healthier markets" I guess some people don't understand things......

This is going to depress the gloomers and doomers... oh, wait, they live their miserable lives looking for gloom and doom, so their being depressed should make them happy... no?... how does that work again?.. ok, it's OTHER people struggling that makes them happy and has them pile it on about changing course. Got it.

Post alert! Brace for a barrage of loonies telling us these are cooked numbers, and all those construction companies and their development backers are in on it. The vast conspiracy of government workers, accountants, economists on wall street and main street, construction companies, finance houses, banks, and investment firms, all led by Obama... hmmm... that seems hard to do for mere mortals.

Hmmm... another sign that Obama's, "failed policies" might not be so failed? How can that be...??? I'm sure that Republican posters will find a way to make a good thing look bad. Yep, it's all fake numbers just like Bush's buddies investing in a fake economy made wall street look good for a while anyways. That is until reality set in. Be real folks. You can pump all the money into a corporation that you want to but if no product is moving then things always find a way of showing the truth about the matter.

Clinton's mess starting to clean itself perhaps? Direct quote from NY Times on 9-30-1999: In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

Lots of construction going on = lots of new houses will end up sitting empty.

With all the vacant homes and millions of homes currently in foreclosure or behind on their payments? Is that right? The people who are building new are the ones who can afford to build new. Where I live, houses are selling for 30% less than they sold for back in 2006. There are plenty of bargains to be had.