FYI: After an initial post-election surge which took homebuilder sentiment to its highest levels in over a decade, we’ve seen a bit of a dip in sentiment over the last two months. In this morning’s report from the NAHB for the month of February, sentiment dropped from last month’s level of 67 (and the consensus expectation for this month) down to 65. Looking at the long-term chart, however, the upward trend in sentiment remains intact.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/homebuilder-sentiment-drops-for-second-straight-month/
