A panel of economists at the International Builders' Show in Las Vegas said that those building apartments would be the first to benefit from improvements in the economy. As these trends continue, the market for new homes should improve as well. "Finally, people feel if they buy a house, it will appreciate," David Crowe, the chief economist of the National Association of Home Builders told the LA Times.

David Berson, senior vice president and chief economist of Nationwide Insurance said that low interest rates and job growth were among the trends supporting a recovery of the housing market.