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U.S: Housing market may not be as healthy as it appears

Posted on 28 February 2013

Despite mounting evidence to the contrary, the housing market is “not going to gain momentum” this year, the chief economist for the National Association of Home Builders said.
“I mean that we will continue to grow,” David Crowe said. “But you can’t quite get that spark going until you solve some of the other problems that are still out there.” But this week’s housing numbers painted a different picture. Contracts to buy existing homes, sales of new homes and U.S. consumer confidence overall surged in January………………………………………..Full Article: Source


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