I want to take a quick glance at where we seem to be headed, at a national level, in regards to new home construction. I think there is a correlation between these two posts – the first post indicates that the national, publicly listed builders seem to be ramping up entry-level home building (after largely neglecting that space); the second post states simply that YoY, lumber prices are down 25%.

Of course, it’s impossible to tease out whether the entry-level space is ramping up on a local level just from our Mover’s Moving index, but 127 transactions in February seems to indicate that the spring season is afoot. See attached.