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U.S. housing market poised for new boom: economist

Posted on 28 June 2012

Amid waves of troubling global economic news, there’s a sleeper story that’s gone largely overlooked, particularly in financial markets. The U.S. housing market is doing much better. And it’s now on the cusp of what could be a dramatic turnaround.
That’s the conclusion of a new report by Vancouver-based independent housing economist Doug Smyth, who argues, among other good things, that millions of newly created jobs will eventually power another boom in demand for softwood lumber………………………………………..Full Article: Source


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