(1) Low rates and fleeing urbanites send new home orders surging. (2) Millennials forming families create long-term housing demand. (3) Wedding dreams dashed by COVID-19 free up funds for home down payments. (4) Homebuilders have pricing power, but face increasing lumber costs. (5) Keeping an eye on increasing mortgage delinquencies and falling rents. (6) Chipotle drives S&P 500 Restaurants index’s return to positivity. (7) Green technology: Tree-planting drones help revive barren lands.
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