[quote=eclipxe]A double dose of good housing news ignited the advance: Pending U.S. home sales rose more than forecast and had their second straight monthly gain, while construction spending rose unexpectedly in March after five straight declines.”[/quote]
If builders start new home construction, that would be a great way to increase supply and keep prices low. I doubt builders will enter the market in full force until prices start an upward trend.