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Too Early to Celebrate New Builds?
Manage episode 366727241 series 3067234
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Are you celebrating too soon??? Building materials prices fall, single family starts post a solid gain in May and builder confidence moves positive for June! Are these all signs that the economy and housing market is recovering?? Not so fast!! Powell expects more fed rate hikes ahead, there were fewer homes for sale in may than any other month on record and double digit declines for single family permit in April EVERYWHERE! Is the hill too steep for builders to climb? What's the way out of this mess?! Join the conversation and lets take a look today!
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