Key surveys of consumers point in the same direction

 

NAHB?EUR??,,????'???s forecasts gradual improvement in home sales beginning in the current quarter and even more gradual improvement in single-family starts beginning in the third quarter of this year.

The proprietary survey of large public and private builders shows recent stabilization of gross sales and modest improvement in net sales (seasonally-adjusted data through March), while our broad-based single-family Housing Market Index showed significant improvement in April.