#89 - Housing and the Stock Market

The start of new construction housing increased 10.7% to 1.521 million units month-over-month to an annualized rate in February after falling 12.3% in January.  The February increase was well above the consensus of 1.449 million units in the Econoday's survey of forecasters.  Read in this Weekly Brief our analysis of the improving housing market and whether it is a precursor to the future of the stock market.