Herculean Housing

Herculean Housing Homebuilder sentiment is at its highest level since 1998, starts are up 23.4% Y-o-Y, all-important single-family starts are up 7.4% Y-o-Y, and overall starts are up 4.7% YTD! At the current rate of 1.496 million, starts are nearing their best level in 14 years! Topping it off, existing sales are at their best level since 2006 and are down just 5% YTD! If only the rest of the economy…