The Start Of A Housing Recovery Could Frame A Stable Year For U.S. Homebuilding And Building Products (00:06:50 min)
In this CreditMatters TV segment, Standard & Poor's Senior Director James Fielding and Director Thomas Nadramia discuss the 2011 industry outlooks for the Homebuilding and Building Products sectors, respectively. Although our economists believe that housing starts will increase continued foreclosures, low employment, and still-falling home prices could extend the housing recovery. Home prices themselves may also decrease due to the elevated amount of existing homes for sale, but adequate to strong liquidity may help companies fund growth.
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