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Small- and mid-sized homebuilders didn’t quite meet expectations in May

BTIG sales

Some of the best performing stocks in America this year are from large, national homebuilders – strong consumer demand, limited competition from the existing home sales market, and an improving supply chain have boosted their outlooks.

On Monday, homebuilder confidence moved into positive territory for the first time in nearly a year, while Census data on new residential construction showed housing starts rose 21.7% from April, and up 5.7% from May 2022, to 1.63 million. In fact, the number of units under details ⇒

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