Thursday, July 16, 2020

Homebuilder Optimism Explodes Higher As Mortgage Rates Plunge To Record Lows

Via Terry


US Homebuilders’ Confidence index soared higher in July (to 72 from 58 last month), back to March (pre-COVID) levels.
Measure of present single family sales rises to 79 vs 63 last month

Future single family sales gauge rises to 75 vs 68 last month

Prospective buyers traffic measure rises to 58 vs 43 last month
 
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