NAHB's Robson says housing at or near bottom
NEW YORK, June 2 |
NEW YORK, June 2 (Reuters) - The head of the National Homebuilders Association on Tuesday said the worst was probably over for the downtrodden U.S. housing sector.
"Indicators look like we're at or near a bottom in housing," said NAHB chairman Joe Robson.
His remarks come after a separate industry group reported a striking 6.7 percent jump in "pending" home sales, the biggest one-month rise in 7-1/2 years. (Reporting by Pedro Nicolaci da Costa; Editing by Theodore d'Afflisio)
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