There were positive signs in the data for pending sales of U.S. homes and durable good orders, which are a welcome relief from the recent data which has been quite poor.  There is no doubt that if the U.S. economy is to outperform expectations housing will be a key cog in doing so.  Sentiment amongst...Read More

With every data point it is becoming more obvious that the housing market is recovering and the implications are massive.  While everybody is focused on Europe for the third year in a row, new single-family homes sales moved up 3.3% from March to a seasonally adjusted annual rate of $343,000.  Housing as been in a...Read More