The continuing rise in the NAHB Homebuilder Sentiment Index suggests housing could add 1.5% to...

|By:, SA News Editor

The continuing rise in the NAHB Homebuilder Sentiment Index suggests housing could add 1.5% to GDP over the next 12 months, says Pawel Morski. A great chart from Deutsche shifts the NAHB index one year forward and plots it against residential investment as a percentage of GDP. If form holds, investment has some catching up to do.