US home sales rise to 4.79 million pace in October; builder confidence at 6-year high

Article by: CHRISTOPHER S. RUGABER and ALEX VEIGA , Associated Press
Updated: November 19, 2012 - 11:23 AM

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Truckman182Nov. 19, 1211:19 AM

Housing market recovers? That's a good one. Home values are still down in the dumper with homeowners losing $3 trillion in values over the past 4 years.

xyz123qNov. 19, 1211:20 AM

Headline should read home sales rise because of government loans and lax standards for giving government loans. We never learn from our mistakes.

bik4u62Nov. 19, 1212:07 PM

Ignorance reigns. Market is recovering, but more to go. 2005/2006 prices were inflated and false, so losses based on those numbers will stand forever. And loan standards are tougher than ever today.