Mastering Encompass®

Builder Sentiment & Sales Boost - Market Update 7/22/2024


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Hey everyone, it's Larry Bailey. This is for the Week of July 15, 2024 in Review

Home builder sentiment remains below a key threshold while there was an important caveat to the rise in construction projects last month. Plus, more signs are signaling a slowdown in economic activity. Read on for these stories and more:

  • Home Builder Sentiment Held Down by Higher Rates
  • Construction Activity Boosted by Multi-family Projects
  • Retail Sales Remain Flat
  • Initial Jobless Claims Hit 5-Week High
  • Latest LEI and Beige Book Suggest Slowing Economic Activity

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Mastering Encompass®By Larry Bailey