Maybe This Is Why Homebuilders Are Surging?

Have you seen it?

Homebuilders had another monster week last week, and are nearly at post-crisis highs.


What’s going on?

Here’s a quick survey from Citi’s Josh Levin, asking homebuilders over the past few months how business looks compared to the previous month.


Photo: Citi

Note that “the “sales worse” column has dropped to its lowest level in seven months.

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