Homebuilder confidence grows after President-elect Donald Trump’s win, according to the National Association of Home Builders (NAHB). NAHB CEO Jim Tobin joins Market Domination Hosts Julie Hyman and Josh Lipton to outline the state of the housing market for builders under Trump’s second term.

“The first four years of Trump's first term. I think we saw an accelerating economy. We saw a great housing market; obviously, low interest rates helped with that. And I expect that that's what we'll see if President-elect Trump is inheriting an improving economy. I think we're going to see an acceleration where interest rates are going to go down, economic growth is going to move up, and I'm really hopeful that we will see a president who talked about building more housing as [a] central part of his economic pitch [and will] continue to talk about that and find ways for us to let builders build,” Tobin says.

The CEO adds that the No. 1 positive of Trump’s second term for homebuilders is decreased federal regulations like the Clean Water Act, Environmental Protection Agency policies, or green energy requirements.

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This post was written by Naomi Buchanan.