Is It a Soft Landing for the Housing Industry?

First quarter home sales declined five %. April home sales declined 12 %. And new homesales, which are more volatile and a smaller share of the housing markets, declimed by almost 30%. If jade's right, he calls this scenario a soft landing for housing. It involves house prices pausing while incomes catch up. But what does this mean for shares of home builders? Jade says it's time to start in them.