Furthermore, investors could see a rise in homebuilder stocks ahead as the market enters the spring selling season when 40% of new orders have historically been placed.
“More than 75% of annual returns for homebuilder stocks occur from November to January,” Keefe, Bruyette and Woods analyst Jade Rahamani said in the MarketWatch article.
SPDR S&P Homebuilders ETF
For more information on the housing sector, visit our homebuilders category.