This paradoxical take-away from this month’s National Association of Home Builders/Wells Fargo Housing Market Index (HMI) comes from Calculated Risk’s Bill McBride: “This is still very low, but this is the highest level since June 2007.”
Read more: http://www.builderonline.com/builder-pulse/mood-stabilized.aspx?cid=BP:031912:JUMP
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