Economists were predicting that September would be the sixth straight month to have more than 1 million housing starts — a sign of sustained recovery in the market. However, the numbers even surpassed expectations  The economists polled by Reuters had been expecting 1.15 million units for September, and the actual number came in at 1.206 — about 5% higher than expected. And not only are the actual starts up, but builder confidence is at a 10 year high.

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