Builders’ Confidence, Economic Growth Raise Hopes for Housing

Homebuilders still expect strong demand for new homes as low unemployment and steady economic growth support Americans’ buying power. Of course, finding buildable lots has been a major challenge in the industry in recent times, which could limit their ability to meet demand. That said, homebuilders are currently well placed, belonging to a top-ranked Zacks Industry ( top 14% ), suggesting that the market headwinds were unable to take the sheen away from the sector.

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Source: Nasdaq

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