The homebuilding industry is gradually recovering over the last two months after suffering one of the worst periods in the previous two years. This space was one of the worst sufferers of the Federal Reserve’s aggressive interest rate hike policy.Accelerating mortgage rates as well as rising raw material and labor costs, hit the homebuilding industry. Buyers were discouraged from investing in new homes despite strong demand.Meanwhile, as the inflation rate started declining, despite remaining above the Fed’ ...