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More on NAHB (previous): After big gains for most of 2012, the index has essentially leveled out...

More on NAHB (previous): After big gains for most of 2012, the index has essentially leveled out over the past 4 months. Yes, there are economy worries, but builders now must deal with rising costs for materials in all markets, and higher labor costs in certain markets, according to NAHB chief Rick Judson. XHB +0.6%.
Comments (2)
  • Actually the reading declined in Feb to 46 vs 47 in January either way the index remains stuck below 50 the point at which more builders see sales conditions as good than poor in this housing recovery,
    19 Feb 2013, 11:13 AM Reply Like
  • Cheaper to buy existing homes and do minimal renovation, except supply has been constrained.
    19 Feb 2013, 12:08 PM Reply Like
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