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KBWY - Soaring Prices Drive Market Cap Of New Homes Higher In April 2022
Invesco KBW Premium Yield Equity REIT ETF
Political Calculations' initial estimate of the U.S. new homes market cap for April 2022 is $31.37 billion.
Soaring prices are the primary driver of April 2022's increase in the market cap for new homes sold in the U.S.
Since new home sales are counted toward GDP when their sales contracts are signed, a rising trend in the market cap for new homes represents an economic plus for the U.S. economy.