Housing market’s health put to the test

Housing market

Housing marketEven amid favorable macroeconomic trends, homebuilder stocks, including Lennar, remain well off their summer highs

By Steve Russolillo | The Wall Street Journal

The current economic environment seems wonderful for home builders. Their stock prices don’t agree, though, perhaps with good reason.

Low interest rates, an improving job market and rising rents suggest the business should be booming. Relatively low inventory of existing homes for sale is pushing the values of both old and new ones higher. In terms of months of supply, the number of existing homes is near its lowest in over a decade.

Continued:

Share this!

Additional Articles

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.

News Categories