4 Stocks to Watch as Homebuilding Market Making Steady Rebound
Dream Finders Homes(DFH) Zacks Investment Research·2024-01-30 22:25
The homebuilding industry suffered the most over the past two years as multi-decade high inflation compelled the Federal Reserve to adopt a strict monetary tightening policy. High mortgage rates and rising raw material and labor costs prevented buyers from investing in new homes despite high demand. However, the housing market is showing signs of a slow but steady rebound, as inflation continues to cool and mortgage rates are easing. Although inflation is still above the Fed’s 2% target, it kept its bench ...