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An exceptionally warm February also likely helped fuel sales. "Sales were likely boosted by the much warmer-than-usual weather last month, which made visiting new-home construction sites less miserable than usual in February," said Ian Shepherdson, chief economist at Pantheon Macroeconomics. Builders have ramped up the construction of new homes, which helps meet strong demand and boosts sales. That could provide a slight lift to the broader economy through construction jobs and the consumer spending linked to home purchases. But demand for homes is still outpacing the construction gains. There were 266,000 new homes for sale last month, the most since July 2009 a month after the recession ended and up nearly 10 percent from a year earlier. The median sales price in February of a new home was $296,200, a decline that might reflect that much of the sales last month were in the cheaper Southern markets. Construction firms are bullish that sales will keep improving, even though they remain well below the heights of the housing boom seen more than a decade ago. The National Association of Home Builders/Wells Fargo builder sentiment index climbed to 71 this month, the highest reading since June 2005. Some buyers may be looking to lock-in their purchases out of concern that mortgage rates will rise, possibly hurting affordability.
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Others however, enjoyed a nice little victory in Melbourne something they havent made a habit of doing in recent times. The thing is, when youre playing North Melbourne, its actually really hard to lose because theyre trying to lose so much more than you are. The Eagles atDomain Stadium could be a scary prospect for travelling teams this season, especially for teams without their best player. At least Jack Steven will fit in with THAT haircut. Previous 7 9 7 Geelong v North Melbourne The battle of the brothers really heats up, with the losers job on the line (probably). Geelong were clinical against the Dockers last week, which is not hard to do to be honest, but also proves that everyone who said the Catswould be a disaster this season might have got it wrong. North Melbourne last week were, well, North Melbourne. Not really inspiring, but then again its hard to get up and about when your full forward is spraying shots left, right and everywhere but centre. Everyone seems to have an opinion about North Melbourne fans clapping Drew Petries goal. We dont really know why people are getting so worked up about it. The last thing we go to the footy for is to watch other fans. Except if youre at a Collingwood game. The things weve seen Previous 8 9 8 Melbourne v Carlton When was the last time Melbourne were expected to win a match so convincingly? Way back in the 1930s sometime, no doubt. If you listen to the ridiculousness that is the football media in Melbourne, Carlton wont win a game for the next decade or so, which is disappointing for them but great for everyone else. Dale Thomas copped a lot of flak for a poor performance against the Tigers in round one, with many people saying hes no longer up to it. Thiswas surprising to hear because Daisy hasnt been up to it for quite some time. So why is this discussion being had years after the fact? Then again, were still talking about Essendon. And Ross Lyon. Demons will win this.