The Globe and Mail reports in its Monday edition that U.S. housing got a second look after Berkshire Hathaway purchased a small American home builder in its first major deal under new chief executive officer Greg Abel. Guest columnist Amber Kanwar writes that the sector has been battered as the U.S. housing market stalls under elevated mortgage rates. Has it hit the bottom yet? Lennar Corp. might offer us a window into what Berkshire saw in the sector when the home builder reports on Thursday. Shares are down 12 per cent so far this year as interest rates seem more likely to go higher than lower in the United States -- especially after that robust jobs report on Friday (172,000 jobs created in May versus 88,000 expected). Jim Lebenthal, who oversees $185-billion (U.S.) at Cerity Partners, told Ms. Kanwar on her podcast that he is not following Berkshire into this one. "I can't get behind it. Not yet. I want to --a guy who has value in his blood, I want to get there. I just can't see mortgage rates really coming down," Mr. Lebenthal said. Still, says Ms. Kanwar, back-to-back negative GDPs, lower oil and tame core CPI point to a less hawkish Bank of Canada this week.