patrick.net

It is said that they don’t ring a bell at stock market tops.

However, the housing industry has sometimes been quite adept at doing just that. In fact, it has been quite prescient in leading the economy, and thus the stock market, in both directions.

So, is housing ringing its warning bell again?

Investors are hoping the economic slowdown in the winter months was entirely due to the dismal weather, and that a substantial recovery will take place with the return of normal weather.

That may be necessary to justify the potentially over-valued stock market conditions.

However, reports from the housing industry so far are not encouraging.

You all know the rest...

http://www.forbes.com/sites/sharding/2014/04/25/is-housing-ringing-the-stock-markets-bell-again/

#housing