Homebuilders have never been more optimistic despite high costs

  • Jason Goepfert

    Jason Goepfert

    Published: 2020-08-20 at 13:25:00 CDT

Homebuilding stocks recovered quickly from the pandemic panic, and sentiment has followed. A survey of homebuilders just recorded its most optimistic reading ever, which has precede trouble for their stock prices. This comes as optimism on one of their major inputs is nearing record highs as well.

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