karchad

Homebuilder Performance and Revenue Matrix

farfignewton, i dont think it's defying logic.... the homebuilders began declining as early as 2006, when the housing market was fantastic, going thru the roof. The market is always ahead of the stats. Most people say 6 months, but in this case, it's more than a year. i remember when the junk bond market began to collapse in 1998. I think that was a predictor of the market collapse in 2000, which predicted the recession of 2001-2.