So I have been out of my housing related stocks, Acuity Brands AYI and Apogee APOG, due to the weak housing data. This Pending Home Sales number could be an outlier or it could be the start of a string of stronger data leading into the spring selling season. I think I am going to take a wait and see approach to find out if it will be followed up by some more strength. AYI has recently made several acquisitions, and these have reduced their ROIC. If I get back in to a housing stock, I'll go with APOG.