19-10-2019 03:15 via rocketnews.com

Homebuilder stocks are a buy. Now. – MarketWatch

Homebuilders are a buy, according to a chorus of analysts.
That may seem surprising, and even counter-intuitive given slowing U.S. economic growth, but lower mortgage rates, improving affordability, and seasonal trends are all giving homebuilders a boost.
Read: It’s probably time to kiss that housing market rebound good-bye
Combined sales of new and previously-owned homes peaked in late 2017 and flat-lined for the following 18 months. New construction wasn’t making much progress, eit
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