NAHB Spring Construction Forecast
NAHB’s Spring Construction Forecast was initially presented on April 25. Mirroring the uneven economic recovery, the housing market is expected to move in a slow, gradual upward path in 2012, while encountering its share of speed bumps along the road. “No one is anticipating that an upward path for housing will run in a straight-line trajectory,” said NAHB Chief Economist David Crowe. “The economy is in an uneven recovery and we can expect some corresponding ups-and-downs in the housing market in the months ahead. However, NAHB believes that on the whole, we can expect a slow and gradual recovery in housing starts, home sales and the overall housing market in 2012.” Click here to view the forecast. Click here to download the speaker’s handouts.