New home sales may have fallen between November and December 2012, but Fool.com financial analyst Matt Koppenheffer takes a step back to look at the bigger picture, which reveals that many housing-market indicators are actually pointing toward improvement. In addition, with big money from companies like Blackstone (BX +0.00%) and Silver Bay Realty (NYSE: SBY) chasing returns in the single-family housing market, there may still be opportunity in that corner. Thus far, the housing market hasn't contributed much to the economy's recovery, but that could be changing. Check out the video below for Matt's full commentary on the subject.
New-Home Sales Drop, but That's Not the Big Picture
By Matt Koppenheffer – Jan 29, 2013 at 10:45AM
Despite underwhelming new-home sales figures, many housing-market indicators are actually pointing towards improvement.
About the Author
Matt Koppenheffer is the former Head of the Coverage Team at The Motley Fool. He was a full-time Motley Fool employee from 2012-2025 and is a former advisor and analyst for multiple Motley Fool services. Matt's articles and analysis have been published around the world and his views have been cited in worldwide publications from the Financial Times and The New York Times to the Toronto Star and Germany's Focus Money. He has appeared to offer analysis on a variety of outlets including CNBC and NPR. Matt is the co-author of The Astonishing Collapse of MF Global as well as the creator and former co-host of The Motley Fool's Industry Focus podcast.