More Americans are setting up new households, which the Wall Street Journal says is an indication that worries about the recession may be on the decline.
"Rising household formation, which is tied to employment growth, means more students are finding jobs when they leave college, more adult children are leaving their parents' homes and more couples feel confident enough about the future to tie the knot,"
the Journal writes.
The paper identifies a Baltimore couple who just purchased a $250,000 condo. "'We're both employed and we both feel secure with our jobs. We also feel like the housing market is on an upward swing. Prices are still depressed, but they're probably going up,'" new homebuyer Imran Akran tells the Journal.