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

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.
Comments (1)
  • june1234
    , contributor
    Comments (2689) | Send Message
     
    No kidding.a 1.5 % to the entire US GDP. WOW!Time to buy 10 houses if you can get credit for one. home-builders have been downgraded by analysts at Barclays and Citi. They must have missed the 1.5% Deutsche GDP addition by home-builders to the entire US GDP .

     

    It's just as hard now for most to get a home loan as it was 5 years in this housing recovery. Most buying activity is being done by investors looking for deals,some of the biggest investors are brokers from the National Association of Realtors often renting those same homes to the people who just got foreclosed on; when they are not pitching housing recovery to buyers and sellers alike . I've gotta get back to Jim Cramer
    5 Oct 2012, 11:26 AM Reply Like
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