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3 Stocks Set to Benefit from U.S. Housing Resurgence

By Dale Oviatt posted 05-10-2023 03:31 PM

  

These companies serving the real estate industry are poised to profit from a strengthening U.S. housing market.

After a long stretch of weakness, the U.S. residential real estate market is finally showing signs of recovery.

The housing market recently broke a spell of seven consecutive months of price decline. This coincides with a steady uptick in U.S. single-family housing starts and increased permits for future construction.

As signs of bottoming of the housing cycle grow, including Mortgage rates retreating from last year's highs, there is an expectation that the U.S. real estate market may be about to turn a corner.


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