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noahsplay

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noahsplay

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Wednesday, 01/18/2012 4:22:17 PM

Wednesday, January 18, 2012 4:22:17 PM

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Optimism in the housing sector is picking up and the January NAHB/Wells Fargo Housing Market Index rose up to a reading of 25. The most striking aspect of the report was that it's at its highest level since June 2007, after increasing for a fourth month in a row. It reflects an ongoing perception by homebuilders of more traffic, and improving chances of making sales in the months ahead.

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