Home > Data Release, Housing Sector, US > Bumpy Road Ahead For Housing

Bumpy Road Ahead For Housing

February 26th, 2010 Michael McDonough

This morning’s disappointing new home sales release for January reiterates the trend I outlined in my piece published on Real Money this morning titled ‘Housing Recovery Starts to Buckle’. I continue to believe housing will face a number of hurdles this year, and is unlikely to enjoy anything more than a modest, though bumpy, recovery.

Retweet
Comments are closed.