Housing Demand Up

The New York Times front page on Thursday, March 21st, carried the headline, “Sudden Rise in Home Demand Takes Builders by Surprise” and reported sharply higher demand for houses combined with rising prices and very low inventories.  A day later the Times carried upbeat comments on housing from Floyd Norris headlined “Housing, Ailing for Years, Starts to Recuperate.”

Will the good news last?  The next sign or advance, or reverse, will come on Tuesday morning at 9 AM New York time with the latest S&P/Case-Shiller Home Price Indices report.

The posts on this blog are opinions, not advice.
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