The homebuilder stocks have soared in 2024 as demand remained strong for new homes and in anticipation of mortgage rates falling and home sales rising.
The construction sector may be of interest to investors with the Fed likely to implement a rate cut of 25 basis points in September. Keeping this in mind, here are three highly-ranked building products stocks.
Florida has its own unique selling propositions, leading to a flow of people into the Sunshine State, which in turn has proved healthy for housing and ancillary industries.
Homebuilder stocks surged to record highs on Friday, driven by a positive inflation report that cemented expectations for interest rate cuts in September.
This is the official week of summer, and while the tone feels rather wistful and sunny, we still see fresh all-time closing highs on the Nasdaq and S&P 500: +0.95% on the tech-heavy index, to 17,857, and +0.77% on the Big 500, to 5473.
