Jeff Tucker discusses some of the most recent weakness in housing data. Despite the new homes sales data missing expectations, Jeff sees more year or year growth in housing demand. Builders confidence and visitor traffic is high, so new home sales data has been constrained by supply. Jeff forecasts 20% year over year growth in home listings for both existing and new homes.
Morning Trade Live
23 Dec 2020
Jeff Tucker discusses some of the most recent weakness in housing data. Despite the new homes sales data missing expectations, Jeff sees more year or year growth in housing demand. Builders confidence and visitor traffic is high, so new home sales data has been constrained by supply. Jeff forecasts 20% year over year growth in home listings for both existing and new homes.
Morning Trade Live
23 Dec 2020