Homebuilder Sentiment Up...Mortgage Applications And Home Sales Hit Multiyear Lows

The NAHB (National Association of Home Builders) sentiment reaches 2014 year highs. Meanwhile, mortgage applications and home sales hit multiyear lows. This disconnect is problematic for builders…

Below is a graph that shows that home sales are down as NAHB sentiment is up.

Graph that shows home sales and NAHB sentiment

Source

BuildingBlok

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