Is the U.S. Housing Market Losing Momentum?

The video discusses the decline in US sales in November, highlighting the slowest annual pace since May. Despite this, the housing market shows positive trends, with strong home builder sentiment and lean inventories. The millennial demographic is expected to drive housing demand, but there is a shortage of new homes. The video emphasizes looking at long-term trends rather than short-term data points.

What is the significance of home builder sentiment in relation to housing inventory?

In what ways does the current housing inventory situation resemble the auto market after a natural disaster?