The sharp decline in rates will help moderate the slowdown of decline in affordable housing options, says Brad Dillman. He discusses the housing starts and permits for June 2022 which were released today, July 19th. He also talks about what's next for the U.S. housing markets. He then assesses the affordability of housing in the U.S., highlighting homebuilders Lennar (LEN), D.R. Horton (DHI), KB Home (KBH), and Toll Brothers (TOL). Tune in to find out more.
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