Vital Signs: Glimmers of Hope for Housing?

On deck: homebuilders survey, housing starts, producer price index, Philly Fed survey, leading indicators index

Housing is the featured topic on this week’s otherwise light economic calendar. On Monday, homebuilders will offer their assessments of market conditions in early August, and on Tuesday, the government will provide an update on July housing starts. Housing data have been flashing mixed signals recently, which may be a good sign after months of uniformly negative news.

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