The homebuilders’ market sector that was once catalyst to driving the U.S. economy with the wide breathe of industries whom benefitted from its success, is underperforming and viewed as increasingly risky compared to its peers, even in lieu of positive growth.
NOTE: One should be mindful to differentiate the homebuilders market from the overall housing market (which can be tracked using S&P/Case-Shiller National Home Price Index).
This article was written by Tyler Cling, senior manager, fixed income indices, S&P Dow Jones Indices.
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