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Another sign of housing strength, Union Pacific (UNP) is pulling rail cars from storage for the...

  • Wednesday, August 8, 2012, 3:32 PM ET
    Another sign of housing strength, Union Pacific (UNP) is pulling rail cars from storage for the first time in 4 years to keep up with demand for lumber from homebuilders. North American carloads of lumber and wood products through July 28 were up 10% Y/Y vs. a 1.4% decline in total carloads.
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This news story has 4 comments:

  • Let's not confuse "housing strength", which often refers to house prices, and "home builder strength", which refers to the stock prices of home builder companies.

    House prices are still not recovering, and a rapid increase in supply will not help in that regard.
    8 Aug 2012, 03:38 PM Reply Like
  • We should all just acknowledge that we have no idea where house prices are heading. None of us picked the housing bubble in 2007 - though i am sure people will respond to this post saying they did - i highly doubt it. Now people think they can predict the recovery or the stagnation - whatever your viewpoint. Give up guys - there are two types of people; those who dont know, and those who dont know they dont know. Be in the former camp!
    8 Aug 2012, 06:15 PM Reply Like
  • I think they are jumping the gun..its a false flag I think....but they are companies that have been sitting still for 4 years and are ready to do something..unfortunatly it will bite them
    8 Aug 2012, 04:01 PM Reply Like
  • We also have to separate single family from apartments....apartments are being built...I think there is another bubble in the making...
    9 Aug 2012, 09:02 AM Reply Like
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