More on NAHB Housing Market Index: Index continues to hold at its peak of 47 since Apr. 2006,...

|By:, SA News Editor

More on NAHB Housing Market Index: Index continues to hold at its peak of 47 since Apr. 2006, however tight mortgage credit conditions, difficulties in obtaining accurate appraisals and the uncertain economic conditions continue to impact the housing recovery. The component gauging current sales expectations remains unchanged at 51, while the component gauging sales expectations in the next six months slipped 1 pt. to 49. (PR)