The National Association of Home Builders (NAHB) reports the
housing market index (HMI) increased in January to 25 from 21 in December.
Any number under 50 indicates that more builders view sales conditions as poor than good.
A question I have is, "If 2008 - 2010 is a Recession, then what is 2006 - 2008?
A Catastrophe! "
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