"The debate is now about the strength of the recovery, not whether there is a recovery," writes...

|By:, SA News Editor

"The debate is now about the strength of the recovery, not whether there is a recovery," writes Bill McBride, as the WSJ catches up with his thinking on housing. Housing construction has quietly added to economic growth for 4 consecutive quarters, new home inventories have returned to 2005 levels, and economists are in near-unanimous agreement. Uh-oh.