As economists and data wonks debate whether the U.S. housing market is at or near its bottom and heading into a recovery phase, this might be a good time to focus on some early leaders in the real estate sector.
For example, there is nothing quite like lumber as a leading indicator of new construction. “You don’t have to have a boom in the housing market to have a recovery in housing construction,” said Calvin Schnure, vice president of research with the National Association of Real Estate Investment Trusts………………………………………..Full Article: Source