FYI: he monthly report on homebuilder sentiment from the NAHB is always a favorite of ours because it provides one of the earliest reads of the health of the residential real estate market for the month that it is reported in. This morning’s report on sentiment for the month of November was unchanged at 63, which is right inline with expectations. This report was also notable given the fact that it was the third straight month where the overall reading was 63 or above, which hasn’t happened since 2005.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/homebuilder-sentiment-stable/