The March NAHB home builder sentiment figure was 15, 2 pts below expectations, down from 17 in Feb and matches the lowest level since June '09. Both Present conditions and Future expectations fell and the Prospective Buyers Traffic component was down by 2 pts to the lowest level since Mar '09. The regional breakdown in this last category was mixed as traffic rose in the Northeast and West but was down in the Midwest and South. The NAHB chief economist said "the lack of available credit for new projects, the large number of distressed properties for sale and the continuing...
March 28th, 2009 at 1:14 pm
with those kind of pictures, generally (99% of the time) they weren’t all in the same room on the original either.