Stocks got another push from a surprisingly strong report on the housing market today. The National Association of Home Builders index rose four points to 25, its highest level since June 2007. Any reading below 50 is still a negative outlook, but today’s report marked four months of a consecutive increases. Some are asking if we’ve seen the bottom of the housing market.
Stocks got another push from a surprisingly strong report on the housing market today. The National Association of Home Builders index rose four points to 25, its highest level since June 2007. Any reading below 50 is still a negative outlook, but today’s report marked four months of a consecutive increases. Some are asking if we’ve seen the bottom of the housing market.
