Are we starting to see signs of life in the housing sector finally? It is probably too early to predict a trend but a surprise government report that home construction picked up in February caught traders off guard and injected a week-old stock market rally with new energy Tuesday. Stocks of home builders and banks jumped as bullish investors saw yet another sign that the deeply troubled economy was beginning to show signs of stabilizing.

The housing report was the latest checkmark in a growing list of upbeat news. Traders began reconsidering their dire view of the economy early last week when Citigroup Inc. said it had generated a profit in the first two months of the year.

Let’s hope this early good news translates to phonecalls and active leads for the timber frame industry!

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