NAHB survey sees no lift from tax credit extension

The Natand#8217;l Assoc of Home Builders sentiment survey was a weaker than expect= ed 16, 2 pts below the estimate and down from 17 in Nov. Itand#8217;s the weakest= reading since June. Present conditions fell 1 pt to 16 and the Future out= look fell 2 pts to 26. Prospective Buyers Traffic was unchanged for a 3rd= month at 13. Itand#8217;s apparent that the industry didnand#8217;t get much lift from th= e extension of the home buying tax credit into the spring and begs the que= stion of how ...

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