The National Association of Home Builders/Wells Fargo
Housing Market Index will release its gauge of builder
perceptions of current signle-family home sales and
sales expectations for the next six months as good,
fair or poor.
Housing starts are out today. This effects everything
from the stock prices of home builders to mortgage
lenders to the makers of washers and dryers. Analysts
are not expected much as the glut of unsold new homes
on the market doesn't encourage further building.
Keep an eye on the Energy Information Administration's
Petroluem Status Report which is coming up on Wednesday.
inflation in the US rises and falls with oil prices.
Existing home sales numbers also will be released which
provide clues to the country's general economic health.
Sheila McKinney
