Take stock of home sales

Screen Shot 2015-06-23 at 8.12.56 AMBy Amanda Diaz | CNBC

On Wall Street, there’s no place like home.

Existing home sales surged to a 5 ½-year high last month as more first-time buyers loaded into the market. And with housing stocks near multiyear highs, some traders think there’s no sweeter place to put your money.

“I think housing stocks are names you should continue to own here, especially in the face of wages improving and jobs growth,” David Seaburg, Cowen and Co.’s head of sales trading, said Monday on “Power Lunch.”

Continued:

Share this!

Additional Articles

News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.