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Bespoke: Modest Bounce In Homebuilder Sentiment

FYI: Homebuilder sentiment for July saw a modest bounce, rising from 64 up to 65 compared to expectations for a reading of 64. While sentiment has seen a nice improvement from its late 2018 low, builders are nowhere near as optimistic right now as they were right before the GOP tax bill -- which limited mortgage deductions and SALT deductions -- was signed into law.
Regards,
Ted
https://www.bespokepremium.com/interactive/posts/think-big-blog/modest-bounce-in-homebuilder-sentiment
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