Housing sales and construction show slight improvement to stagnation

 - by New Deal democrat

I have a new post up at XE.com discussing this month's housing sales and construction releases.

There is a very slight uptrend, but by and large, the market has stagnated. I also comment on what I expect in the next 6 months or so.  Housing is crucially important, because more than anything else, it forecasts the economy 12-18 months out.