FYI: Homebuilder sentiment unexpectedly declined this month as the headline reading dropped from 67 down to 64 compared to consensus estimates for a print of 67. If you had a deja vu moment when the numbers were released, that’s because the consensus estimate and actual print were the exact same as we saw in July. From its high back in May, homebuilder sentiment has now declined by seven points.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/homebuilder-sentiment-drops-more-than-expected/
