Homeowners appear to be feeling good about the economy. Should they?

Homeowners appear to be feeling good about the economy. Should they?
For all of 2019, single-family housing authorizations – what some consider a key indicator of historic recessions – have been decreasing. However, existing housing maintenance – what BuildFax refers to as “a gauge of consumer confidence” –  is rising consistently again after six months of decreasing activity. So what gives?
Source: https://www.housingwire.com/rss