NAHB's analysis of PPI data shows material costs in the homebuilding industry are down.
They are not lending much to home buyers, and they're lending even less to single-family home builders, but banks are doling out big money to apartment developers.
With overall economic growth sputtering, the exceptionally modest recovery we have seen so far in home sales is likely to become even more sluggish.
While it was a fairly light week for economic data, speeches by President Barack Obama and Fed Chairman Ben Bernanke dominated headlines.