Builders say housing is back

``The National Association of Home Builders' index hit 52 in June, marking the first time it has been above 50 in seven years. A reading above 50 indicates that more builders say sales conditions are good rather than poor. The index has been posting gains for the last year, but those moves only indicated that builders thought the market was less bad than it had been. '' -- What would be hilarious would be if this is right before everything tanks again, because, you know, the talk is about ending QE, four years after it's just starting to have a discernible effect on the housing market.