Where Is This Housing Rebound?

By |2015-05-20T11:55:28-04:00May 20th, 2015|Economy, Federal Reserve/Monetary Policy, Markets|

These may be desperate times indeed, where every small piece of anything not wholly dismal is singled out as the indicator that either the worst has passed or it never was. I am simply at a loss to describe housing construction figures in such unequivocally glowing terms. For the most part, construction activity hasn’t deviated at all from its trend [...]