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The Housing Rebound Illusion

May 16th, 2012
Categories: News, Economic

Link: http://www.cnbc.com/id/47446349?__source=mnd|news|&par=mnd

Housing starts were surprisingly strong this week, while there was improving sentiment from home builders. So should we start to breathe a sigh of relief that the housing market is returning to health? The short answer is no. The headlines say that housing is stabilizing and there are signs of life in the real estate sector. This is true but is only part of the story. Signs of life is far different than a return to healthier times.

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