When Housing Starts Falter, Sell the Homebuilders
The homebuilding stocks have been one of the strongest sectors of the market in 2023, but if housing starts falter in 2024, homebuilding stocks could be ripe for a pullback
The homebuilding stocks have been one of the strongest sectors of the market in 2023, but if housing starts falter in 2024, homebuilding stocks could be ripe for a pullback
New housing starts in the United States remain above historical averages, explaining why the Federal Reserve is still raising benchmark interest rates.
According to data compiled by the U.S. Agriculture Department, farmland valuations in the United States have climbed to an average of $3,800/acre in 2022, which is the highest on record
New building permits remain strong, but a recent slowdown in the Housing Market Index (HMI) may indicate that rising mortgage rates could be contributing to a softening in the U.S. housing market