Soaring Stocks and Falling Mortgage Rates – Housing Market Review

Soaring Stocks and Falling Mortgage Rates - Housing Market Review

Housing Market Intro and Summary Of all the November housing data, housing starts provided the clearest support for the sharp rebound in the stocks of home builders the last two months. In parallel, builder sentiment has likely bottomed in anticipation of the positive impact of falling mortgage rates. On the other hand, existing home sales … Read more

All-Time Highs Race Ahead of the Data – Housing Market Review

All-Time Highs Race Ahead of the Data

Housing Market Intro and Summary The October housing data showed some further softening, including a revision of the new home sales data that erased a breakout. Yet, November was a blockbuster month for launching the seasonal strength in the stocks of home builders. Many of these stocks hit all-time highs in a race ahead of … Read more