Savvy Trades and Investments

[cliffvb]

Home builders having another good day as the Homebuilder confidence index returned to pre-pandemic levels. I'm looking forward to Q2 earnings and guidance of trends in particular. 30 year fixed mortgages are now below 3% (2.98)

US Homebuilder Sentiment Returns to Pre-Pandemic Levels
The NAHB housing market index in the US climbed 14 points from the previous month to 72 in July 2020, easily beating market expectations of 60, as sentiment rebounded following the easing of coronavirus-related restrictions. The current single-family sub-index rose to 79 from 63 in June and the one for prospective buyers went up to 58 from 43. Additionally, the gauge for home sales over the next six months increased to 75 from 68