The National Association of Home Builders sentiment index
- Index matches the highest since 2005
- Prior was 63
- Single family home sales 76 vs 69
- Prospective buyers 53 vs 47
- Sales over next six months 78 vs 69
In my opinion, one of the best bets for 2017 is US housing. It's relatively underpriced compared to the developed world but the scars from the crisis are healing and prices will soon be marching higher.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.