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« Philly Fed Index
Less Borrowing? »
15 05 2008

No Confidence From Builders

Posted by: Lisa in Uncategorized

MAY NAHB HOUSING MARKET INDEX: 19 V 20EI like this graph (Calculated Risk) showing the negative trend going on: Recession VS. National Housing Market Index Graph

Market internals continue to show volume weakness.  It almost looks like a holiday week, as far as volume.  Did everybody pack up and go to the Hamptons already?

This entry was posted on Thursday, May 15th, 2008 at 2:09 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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