New home construction growth has gone from a fourteen year low to a thirteen month high.
This goes for single family home construction, as well as multifamily.
This is a good sign for our industry. Both construction and lending.
Personal note: I’m in Rosarito Mexico this morning. Not here for vacation. It’s a medical thing.
But, the temperature this morning was 55 degrees with a cool ocean breeze blowing in. It sure beats one hundred degrees back home. I’ll enjoy it while I can.
You have a great day!
And thanks for reading!
Brett