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COPYRIGHT 2006 Voxant, Inc.
Original Source: CNBC/DOW JONES BUSINESS VIDEO ANALYST INTERVIEW
ERIN BURNETT, CNBC ANCHOR: New home sales numbers hitting the Street in just about 30 minutes. Yesterday the existing home sales number posted their first gain in eight months despite a plunge in prices. The S&P Homebuilding Index though, a lot of pain. Recent gains down 25 percent so far this year, well underperforming the market. What will the latest read on the housing market mean for the beaten and bruised sector? Joining us from Richmond for a "Realty Check," Todd Vencil, housing analyst with BB&T Capital Markets.
Todd, you say it is all about inventories right...
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