Reported 1 day ago
According to Ned Davis Research, the bear market in U.S. home sales has ended after a 39-month decline, primarily caused by high mortgage rates affecting affordability. The report suggests that investors could capitalize on this rebound by purchasing the iShares U.S. Home Construction ETF (ITB), which has seen a correction of over 15%. With expectations of a thaw in the housing market and increased spending in 2025, the ETF, which includes major home builders and improvement retailers, presents a promising investment opportunity.
Source: YAHOO