Apr 18, 2011 1:24PM There are a lot of reasons why the nation's homebuilders continue to feel skittish about the housing market according to both the Chairman and Chief Economist of the National Association of Home Builders (NAHB.) The two commented on the NAHB/Wells Fargo Housing Market Index (HMI) for April which showed builder confidence for April has slipped back into its previous rut after improving slightly last month. The overall score was 16, down one point from the March figure. The Index has registered a read... Apr 18, 2011 8:48AM The coming days offer little in the way of macroeconomic data, but the sparsely populated calendar does hold new stats on the housing markets. "Housing will dominate the news in the upcoming week," said economists at IHS Global Insight. "February's housing numbers were deplorable, but they were probably dragged down by special factors such as weather and building code changes. March will bring better numbers, but the improvement will be payback, not the long anticipated pickup in demand from an improving...
 |