July Housing Starts Surge

Not to anyone’s surprise, but the Commerce Department reported that housing starts surged by 22.6%. This represents the largest increase in nearly four years dating back to October 2016. Housing starts came in at 1.496 million units in July, which was revised...

Historic Homebuilder Sentiment Climbs 21 Points

Homebuilder sentiment jumped an historic striking 21 points in June to 58. Fast Stats – Builder Sentiment ■ Northeast increased to 48 points from 31 ■ South increased to 62, up 20 points ■ Midwest increased to 51, up 19 points ■ West increased to 66, up 22...