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NAHB Housing Market Index: 21, highest since May 2010, vs. 19 expected and 19 prior (revised)....

  • Monday, December 19, 2011, 10:05 AM ET
    NAHB Housing Market Index: 21, highest since May 2010, vs. 19 expected and 19 prior (revised). “This is the first time that builder confidence has improved for three consecutive months since mid-2009, which signifies a legitimate though slowly emerging upward trend,” NAHB Chief Economist David Crowe says.
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    or a subsidized construction industry...and housing for "low income" participants in the mortgage market. What is the point of using this as an indicator when the results produced are not realistic. What exactly are they gauging here?? Let the government cut its restrictions on mortgage foreclosures and then lets see the true performance of the construction industry and the economy as a whole. bla bla I am beginning to sound like a broken record to myself. . .anyway scary times when this is a good result.
    19 Dec 2011, 10:20 AM Reply Like
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