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 average for ...
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