via Clusterstock on 6/17/10
A housing has to be considered one of the biggest pre-requisites to a full-on economic recovery, given its still-oversized role in the economy, and the number of folks employed in the industry.
And lately it's looking like the industry will continue to be a drag. From the Case-Shiller numbers to mortgage applications to new housing starts, nothing screams "V" at all.
The latest is that Toll Brothers is getting pessimistic again.
We've rounded up some charts related to housing to give you a quick picture of how the numbers look, and how the market has been reacting.
Toll Brothers is barely off its recent lows
Image: StockCharts.com
Same with homebuilder Lennar
Image: StockCharts.com
Mortgage Purchase Applications at multi-year lows.
Image: CalculatedRisk
Housing starts are stalled
Image: CalculatedRisk
A longer look at housing starts shows jut how depressed our current level is.
Image: CalculatedRisk
The latest Case-Shiller shows a sequential dip in national prices.
Image: CalculatedRisk
Homebuilder confidence remains very depressed.
Image: CalculatedRisk
Lumber prices in freefall
Image: StockCharts.com
Home Depot looking very sickly
Image: StockCharts.com
Homebuilder Hovnanian well off recent highs, and not bouncing back
Image: StockCharts.com
Same with Pulte Homes
Image: StockCharts.com
Finally, the overall homebuilders index.
Image: StockCharts.com
