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Don't be confused by the title. Homebuilding stocks have been showing strength since the start of this year. What I am going to discuss in this article are leading homebuilding indicators that finally point to the return of growth. The the numbers are still weak, but it's looking better and better. It is even likely that the bull market continues on the mid-term.
Extra: This article discusses the iShares U.S. Home Construction ETF (ITB). This ETF covers all major homebuilders and is, therefore, the best tool to track building sentiment/activity.