Raising the Roof on USG

There's little doubt that the U.S. homebuilding market is in the midst of rebound. December 2012 housing starts of 954,000 housing are 12.1% higher than November's annual rate and nearly double the recession low of April 2009, which offers credence to the National Association of Home Builders' (NAHB) 2013 forecast.

In late December, the NAHB published its forward-looking forecast and shared its view that total housing starts should reach 932,000 in 2013, up from 774,000 in 2012 and 554,000 in 2009. In 2014, the NAHB sees housing starts climbing to 1.14 million units. Breaking down that forecast, the NAHB sees pretty much matched growth year over year in 2013 between single-family housing and multi-family housing. That changes in 2014 with the NAHB calling for a 30% increase year over year in single-family homes vs. just 6% for multi-family starts. Driving that production rise is industry's need to restock single-family housing inventory. As we learned with December existing homes sales, the nation's inventory of existing homes fell to the lowest level since January 2001....374 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.