NAHB Economists Says Housing Market Now Starting to Build Real Momentum

The housing market may finally be moving in the right direction, says David Crowe, the chief economist for the National Association of Home Builders, Washington, D.C.

Crowe said during a Jan. 11 NAHB web-cast that some key economic and housing trends look better: U.S. Gross Domestic Product (GDP) data is on the upswing; unemployment is dropping; consumer confidence is improving; more young people are creating new households and want to purchase homes; and the three-month moving averag

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